2.1 Investments

Holding in %¹

Registered name and domicile | at 31 December

2025

Currency

Share capital in thousand

Directly held investments

SMG Swiss Marketplace Group AG, Zurich, Switzerland

100

CHF

2,454

Material indirectly held investments

Ricardo AG, Zug, Switzerland

100

CHF

200

1Represents capital as well as voting rights.

For information on the Company’s other indirectly held investments, refer to the Group’s Consolidated Financial Statements.