Contingent liabilities, sureties, guarantee obligations and pledges in favour of third parties

Joint liability for VAT group taxation Repartner Produktions AG and Ovra electrica Ferrera SA

To the benefit of group companies, letters of intent and financing agreements amounting to EUR 84 million (equivalent to CHF 91 million) were concluded (prior year: EUR 84 million, equivalent to CHF 91 million).

Guarantees in favour of third parties amounting to CHF 5.4 million and EUR 9.8 million (equivalent to CHF 10.6 million) were provided (prior year: CHF 5.9 million and EUR 6.8 million (equivalent to CHF 7.3 million).