HOCHDORF Holding Ltd

Proposed appropriation of retained earnings

Profit carried forward42,042,52238,636,600
Change correction on balance of own shares from the previous year 192,5003,922
Change in effective balance of shares from conversion of bond07,893
Profit from current year6,097,5143,394,107
Total available to Annual General Meeting48,232,53642,042,522

Proposed appropriation of retained earnings

Balance carried forward48,232,53642,042,522
Total appropriation of profit48,232,53642,042,522
  1. No dividend will be paid on the «own shares» portfolio.

Proposal for the distribution of a dividend from reserves from capital investments

Reserves from capital investments72,968,05837,594,679
Capital investments from conversion of convertible bond 3–104,26640,681,991
Conversion of reserves from capital investments to free reserves 2–5,452,088–5,308,612
Remaining reserves from capital investments67,411,70472,968,058
  1. CHF 3.80 (PY CHF 3.70) in dividends per nominal CHF 10 of share capital from the capital investment reserves. The effective dividend payment amount is calculated on the effective number of shares outstanding at the time of the dividend payment.
  2. Already incurred costs in connection with the mandatory convertible bonds that will be issued in March 2017.