2.4 Treasury Shares

Treasury shares are held in connection with the Group’s equity-settled share-based compensation plan. They represent the net difference between shares purchased on the market or repurchased from departing plan participants, and shares allocated to plan participants.

Movements in Treasury Shares

Number of registered shares

Number of transactions

Lowest rate in CHF

Highest rate in CHF

Average rate in CHF

Number of shares

Balance at 4 September

-

Contribution in kind

1

21.5

21.5

21.5

16,840

Purchase of treasury shares

6

26.9

47.3

43.9

45,020

Shares allocated to member of the Board of Directors

1

21.5

21.5

21.5

(1,848)

Balance at 31 December 2025

60,012

Under the pre-IPO restructuring, SMG Swiss Marketplace Group AG contributed its 16,840 treasury shares, with a nominal value of CHF 0.003 per share, to the Company without consideration. The reserve for treasury shares was established at the Company in the amount previously recognised at SMG Swiss Marketplace Group AG, with a corresponding offset to legal capital reserves.