7.1. Duty to make an offer
The Articles of Association of HOCHDORF Holding Ltd do not contain any opting-out or opting-up clauses in the meaning of Article 22 of the Swiss Stock Exchange Act (SESTA) with respect to the statutory duty to submit a takeover offer.
7.2. Change-of-control clauses
There are no change-of-control clauses with members of the Board of Directors or Group Management.