Item 2

Appropriation of results

A. Motion
The Board of Directors proposes the following appropriation:

CHF million

Profit / (Loss) for the financial year 2009 as per the Parent Bank’s Income Statement


Appropriation to other reserves


Appropriation to general statutory reserves: Share premium


B. Explanations
The loss of the current year will be set off against other reserves and the general statutory reserves. The Board of Directors proposes no dividend for the financial year 2009.