VR | AQUILA

Max Cotting

President

Training
Federal dipl. bank officer

Current activities and vested interests
Chairman of the Board of Directors Chez Vrony Collection AG; Chairman of the Board of Directors Chez Vrony AG, Zermatt; Chairman of the Board of Directors FIPA Findeln Partners AG; Chairman of the Board of Directors Loumax AG and Loumax Management AG; Chairman of the Board of Directors Pro Zermatt AG

Dr. Gaudenz G. Zindel *

Vice President

Training
Dr. iur., Attorney at Law, LL.M.

Current activities and vested interests
Niederer Kraft Frey AG; Swiss Bar Association, SAV; Zurich Bar Association, ZAV; Vice President of the Alumni Organization of the Faculty of Law of the University of Zurich; member of other boards of directors of Swiss companies

Wanda Eriksen *

Member, Member Audit & Risk Committee

Training
Masters in Accounting Science,
Swiss Certified Public Accountant, CPA (US)

Current activities and vested interests
Chairwoman of the Board of Directors of the Swiss Federal Audit Oversight Authority, Chairwoman of the Board of Directors of AXA Schweiz Versicherungen, AXA-ARAG Rechtsschutz AG and Catlin Re Schweiz AG (companies of the AXA Group), Chairwoman of the Board of Trustees of Serata, Stiftung für das Alter, Thalwil, Member of the Supervisory Board of J.P. Morgan SE Frankfurt am Main, Former Partner of PwC PricewaterhouseCoopers AG

Stefan Gerber *

Member

Training
Lic. iur., advocate and notary public
Diploma Swiss Banking School

Current activities and vested interests
Board member of JURA Elektroapparate AG, JURA Kaffeemaschinen Holding AG and JURA Henzirohs Holding AG, Board member of Henzirohs-Studer AG, Vice Chairman of the Leo and Elisabeth Henzirohs-Studer Foundation, Vice Chairman of Securitas AG, Chairman of the Securitas Group pension fund, Chairman of Jakob Spreng AG, Board member of Zytglogge Immobilien AG, Board member of Solothurnische Immobilienverwaltung AG, Board member of Solothurnische Altstadthäuser AG, Former member of the Executive Board of Berner Kantonalbank AG

Peter Gisi *

Member, Chairman Audit & Risk Committee

Training
Swiss Certified Accountant

Current activities and vested interests
Former Partner PwC PricewaterhouseCoopers AG; Various consulting mandates; President of the Board of Trustees of a charitable foundation

Roman Kurmann *

Member

Training
Business Economist FH, Certified Public Accountant

Current activities and vested interests
Self-employed - Owner of consulting firm BIG FIVE; Chairman of the Board of Directors of Veraison Sicav; Chairman of the Board of Directors of Aretas Capital Management AG; Chairman of the Board of Directors of Moveagain AG; Chairman of the Board of Directors of Odinga Ventures AG

Ralf Naef *

Member, Member Audit & Risk Committee

Training
Dipl. Masch. Ing. ETHZ

Current activities and vested interests
Chairman of the Board of Directors of Alpstock AG; Chairman of the Board of Directors of ahead AG; Chairman of the Board of Directors of Stadtbauentwicklungs AG; Member of the Board of Trustees of Schweizer Tafel; Member of the Advisory Board of Accenture AG, Switzerland

Hans Georg Syz

Member

Training
Gymnasium type D

Current activities and vested interests
Chairman of the Board of Directors of Maerki Baumann & Co. AG, Privatbank; Vice Chairman of the Board of Directors, Maerki Baumann Holding AG; Vice Chairman of the Board of Directors, InCore Bank AG; Vice Chairman of CHSZ-Holding AG; Chairman of the Board of Directors, Genossenschaft zum Baugarten, formerly Sparkasse der Stadt Zürich; Chairman of the Board of Directors, Friedrich Steinfels AG; Chairman of the Board of Directors, Turnus Film AG; Vice Chairman of the Board of Trustees, Klinik Willhelm Schulthess; Vice Chairman of the Board of Trustees, Tonhalle-Gesellschaft Zürich; Vice Chairman of the Board of Trustees, Kongresshaus-Stiftung.

* These members of the Board of Directors are considered independent members within the meaning of margin no. 17ff of FINMA RS 17/1 "Corporate Governance - Banks".

Organization of the Board of Directors

The organization of the Board of Directors is governed by the Organizational Regulations of December 12, 2017. The Board of Directors is responsible for the ultimate management of Aquila AG. It consists of three or more members. The Board of Directors as a whole is independent and meets as often as business requires, but at least four times a year. In principle, it constitutes a quorum if the majority of its members are present. The Board of Directors passes its resolutions by a majority of the votes of the members present.

At the meetings of the Board of Directors, the members of the Executive Board are represented in an advisory capacity for specific agenda items. The Chairman of the Board of Directors chairs the meetings of the Board of Directors, presides over the entire Board and represents the Board of Directors both internally and externally. There is a regular exchange between the Chairman of the Board of Directors and the CEO. Aquila AG has an Audit & Risk Committee, which is composed of members of the Board of Directors, currently Wanda Eriksen, Peter Gisi and Ralf Naef.