Basis for preparation

The Sustainability Statements are prepared based on the requirements of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS), while meeting the obligations of the Swiss Code of Obligation including the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The EU Taxonomy is not considered. Due to the regulatory changes to the ESRS foreseen at European level, only partial ESRS compliance was pursued and selected parts of the Sustainability Statements are subject to limited assurance (marked with and detailed in the independent assurance report).