THIRD-PARTY COMPENSATION

The Client* is further aware that the Advisor, in connection with the present advisory activity or in the course of fulfilling the mandate, receives or may receive compensation (e.g., referral compensation, etc.) from third parties (e.g., banks, fund management companies, issuers, insurance companies, insurance brokers, platforms, etc.). Such third-party compensation may vary depending on the provider.

The calculation basis for third-party compensation is generally based on the amount of assets held (Assets under Management – AuM) or may be independent of the asset volume and is periodically settled by the respective partner.

The following list shows the ranges within which third-party compensation may fall per year or as a one-time payment due to referrals to partner companies, as well as the calculation bases underlying such compensation:

• Referral compensation (so-called “affiliate fee”):
  Per client, one-time payment between: CHF 10.- and CHF 200.-
• Referral compensation (so-called “affiliate fee”):
  AuM-based, ongoing 0.15% p.a.
• Referral compensation (so-called “introducer commission”):
  80% of the commission paid to the insurance broker

All third-party compensation listed above is not structured progressively.

The Client has been informed that the expected third-party compensation referred to in the above table may fall within these ranges.

The Client further acknowledges that the Advisor generally cannot influence or determine the above-mentioned fees.

Insofar as the Advisor, through his or her activities, has any influence over the level of such fees, these referral compensations may inherently give rise to potential conflicts of interest. Nevertheless, the Advisor undertakes to act at all times in the Client’s best interest.

The Advisor further warrants that, irrespective of whether third-party compensation is received or not, investment recommendations will not be influenced. The Advisor shall implement appropriate measures to ensure that any potential conflicts of interest do not impair the quality of services.

The Client confirms having been informed by the Advisor about compensation received in connection with third-party services. The Client agrees to waive any entitlement to such compensation.

As of: 9 December 2025

For reasons of readability, gender-specific language is not used on this page; references to Client and Advisor include persons of all genders.