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Article NO. Content

Title:

Regulations Governing the Use of Proxies for Attendance at Shareholder Meetings of Public Companies  CH

Amended Date: 2022.08.17 
Article 7-3     A person mandated by a shareholder to serve as a solicitor, or mandated by a solicitor to handle solicitation matters on the solicitor's behalf, shall sign a written contract with respect to the mandated matters and specify the remuneration, and shall examine the reasonableness of the contract content, and faithfully implement know-your-customer procedures.
    A person mandated by a shareholder to serve as a solicitor, or mandated by a solicitor to handle solicitation matters on the solicitor's behalf, shall sign a new contract with the mandating shareholder or solicitor each year.
    If a contract mentioned in paragraph 1 is signed before the amendment introducing this article takes force on 1 January 2023, then if the remaining period of the contract, counting from the enforcement date, does not exceed 1 year, that period shall be followed; if it exceeds 1 year, it shall be shortened to 1 year.