The Aquila Boardof Directors.

Jörg H. Schwarzenbach, Füllinsdorf *


Chairman
Nationality: CH
Year of birth: 1944

Education
Banking apprenticeship with diploma, traineeships with banks and brokers in London, New York, Geneva and Tokyo; Int. Senior Management Program Harvard Business School, Boston.

Present activities and vested interests
Chairman or member of various public interest foundations; former member of the Credit Suisse Private Banking Board of Management, Zurich

Dr. Gaudenz G. Zindel, Zurich *


Vice-Chairman
Nationality: CH
Year of birth: 1954

Education
Dr of Law, Attorney-at-Law, LL.M.

Present activities and vested interests
Partner in Niederer Kraft & Frey AG, Zürich; Swiss Bar Association, SAV; Zurich Bar Association, ZAV; Vice-Chairman Alumni Organisation of the Faculty of Law at Zurich University; Vice-Chairman of the Europe Institute at Zurich University, EIZ; member of the Boards of Directors of other Swiss companies.

Wanda Eriksen, Thalwil *


Member, Member Audit & Risk Committee
Nationality: CH/USA
Year of birth: 1967

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

Present activities and vested interests
Independent Advisor on Strategy, Governance and Financial Matters; Board Chair, Federal Audit Oversight Authority (from 1.1.2018); Vice-Chair Board of Directors Arnold AG; Board of Directors AXA Switzerland Insurance; Board of Directors AXA-ARAG Legal Protection Ltd.; Board of Directors Catlin Re Switzerland Ltd.; Supervisory Board Member J.P. Morgan AG Frankfurt am Main, Germany; former partner PwC PricewaterhouseCoopers AG

Peter Gisi, Basel *


Member, Chairman Audit & Risk Committee
Nationality: CH
Year of birth: 1954

Education
Swiss Certified Accountant

Present activities and vested interests
Former Partner PwC PricewaterhouseCoopers AG; various consultancy mandates; Member of the foundation board of a public interest foundation

Roman Kurmann, Pfäffikon ZH *


Member
Nationality: CH
Year of birth: 1969

Education
Business Economist (FH), Chartered Auditor

Present activities and vested interests
Independent, owner of counsulting firm BIG FIVE (Strategie, Corporate Finance, Interim Management, Investment Services, Leadership), Chairman of the Board of Directors Veraison Sicav, Chairman of the Board of Directors samm group

Hans Georg Syz, Küsnacht


Member
Nationality: CH
Year of birth: 1957

Education
Type D Higher School Leaving Certificate

Present activities and vested interests
Chairman Board of Directors Maerki Baumann & Co. AG, Private Bank; Vice-Chairman Board of Directors, Maerki Baumann Holding AG; Vice-Chairman Board of Directors InCore Bank AG; Vice-Chairman CHSZ-Holding AG; Chairman Board of Directors Genossenschaft zum Baugarten, formerly Zürich Municipal Savings Bank; Board Member Friederich Steinfels AG; Chairman Board of Directors Turnus Film AG; Vice-Chairman Foundation Board Willhelm Schulthess Clinic; Vice-Chairman Quästor Tonhalle-Gesellschaft Zurich; Vice-Chairman Kongresshaus Foundation Board


Organisation of the Board of Directors

The organisation of the Board of Directors is governed by the organisational rules of 12 December 2017. The Board of Directors is responsible for strategic management of Aquila AG. It has three or more members. The full Board of Directors is independent and meets as often as business so requires, but not less than four times a year. It has a quorum for its decisions if a majority of its members are present. The Board of Directors takes its decisions by a majority of the votes cast by the members who are present.

For specific agenda items, Executive Board members attend meetings of the Board of Directors in a consultative capacity. The Chairman of the Board of Directors presides over Board of Directors’ meetings, chairs the full board and represents the Board of Directors both internally and in relation to third parties. Regular exchanges of views take place between the Chairman of the Board of Directors and the CEO. Aquila AG has an Audit & Risk Committee comprising certain members of the Board of Directors; its present members are Wanda Eriksen and Peter Gisi.


* These members of the Board of Directors are considered independent members within the meaning of margin nos. 17ff of FINMA Circular 2017/1 “Corporate Governance – banks”.