1.2 Basis of Preparation

These financial statements were prepared according to the provisions of the Swiss Law on Accounting and Financial Reporting (32nd title of the Swiss Code of Obligations). Significant accounting and valuation principles applied in preparing the financial statements that are not prescribed by law are described in the following notes. The financial statements were prepared on a going-concern basis and are presented in CHF thousand. In accordance with Swiss accounting law, the creation and release of hidden reserves may influence the results presented in these financial statements.

The financial year in this case covers the period from 4 September to 31 December 2025, and no prior-year figures are presented as this is the first financial statement since the incorporation of the Company.