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The Disclosure Office was created in connection with the introduction of the obligation to disclose
holdings in companies incorporated in Switzerland whose equity securities are listed, in whole or in
part, in Switzerland, if they reach, exceed or fall below certain thresholds (3, 5, 10, 15, 20, 25,
33 1/3, 50 and 66 2/3 % of voting rights).
Under applicable law and ordinances, the task of the Disclosure Office is to receive notifications of
shareholdings, control the compliance of reporting and disclosure rules, grant exemptions or relief
from the reporting obligation and render preliminary decisions on whether an obligation to notify
exists or not.
The Disclosure Office is a separate department within SIX Exchange Regulation and reports to the Member of the
Management Committee responsible for this Division. The fulfilment of the legal tasks of the Disclosure
Office is subject to the supervision of the Swiss Financial Market Supervisory Authority
(FINMA) . A
Commission of Experts is attached to the
Disclosure Office in an advisory capacity.
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