Board of directors

Thomas Amstutz

Chairman of the Board of Directors, Swiss Citizen

Since 1978 with Credit Suisse he has been holding a variety of management positions within Credit Suisse Group. In 1987, he was appointed Managing Director of CSFB Geneva, Head of Foreign Exchange / Precious Metals Options. Between 1991 and 1996 he held different positions within Credit Suisse in Zurich, before heading the Sales and Trading department in Frankfurt. In 1999 he was appointed Member of the Executive Board of Credit Suisse Private Banking and from August 2002 until December 2004 he was Member of the Executive Board of Credit Suisse Financial Services and Head of the Division Investment Management.

Thomas Amstutz holds the position of Chairman of the Board of Directors of the following listed Swiss investment companies: Absolute Invest Ltd., Zug and Absolute Private Equity Ltd., Zug.

Thomas Amstutz is CEO and Chairman of the Board of Directors of Absolute Investment Services Ltd., Zurich.

In addition he is Member of the Board of Directors of the following companies: Jade Invest SA, Neuchâtel, Tradejet AG, Zurich and FinOps AG, Zurich. Thomas Amstutz is further a Member of the investment advisory panel of Gemini Sammelstiftung, Zurich.

He holds no permanent management or consultancy functions for interest groups, official functions or political posts.

Hans Rudolf Zehnder

Member of the Board of Directors, Swiss Citizen

Hans Rudolf Zehnder graduated from the University of Zurich, holds a degree as lic. oec. publ. and an ISMP from Harvard Business School. He has been holding various management positions in investment banking in London and Frankfurt and was member of the management board at Volksbank.

Hans Rudolf Zehnder is Member of the Board of Directors of the following listed Swiss investment companies: Absolute Invest Ltd., Zug and Absolute Private Equity Ltd., Zug.

In addition he is Member of the Board of Directors of BaloiseBank SOBA, Solothurn.

Hans Rudolf Zehnder did not have any business connections with the Company or its Subsidiaries during the year under review.

He holds no permanent management or consultancy functions for interest groups, official functions or political posts.

Michel Vukotic

Member of the Board of Directors, Swiss Citizen

Michel Vukotic studied economics at the University of St. Gallen and holds a degree as lic. oec. HSG from the University of St. Gallen. He has been holding various management positions at Bank Julius Baer & Co. Ltd. and since 2001 he is Managing Director Senior Advisor, Relationship Manager Private Banking.

Michel Vukotic is Member of the Board of Directors of the listed Swiss investment company Absolute Invest Ltd., Zug (since May 2009).

In addition he is Member of the Board of Directors of Absolute Investment Services Ltd., Zurich (since May 31, 2010). He further serves as a consultant to Alpine Select Ltd., Zug, a Swiss listed investment company.

Michel Vukotic did not have any business connections with the Company or its Subsidiaries during the year under review.

He holds no permanent management or consultancy functions for interest groups, official functions or political posts.

Vanessa C. Frey

Member of the Board of Directors, Swiss Citizen

Vanessa C. Frey completed her undergraduate studies at the University of St. Gallen in Economics, Business Administration and Law in 2002 before she earned her Master of Science Degree in International Economics and Business, majoring in Finance, from the Stockholm School of Economics in 2004. After graduating she joined the Corporate Finance Team at Handelsbanken Capital Markets in Stockholm followed by a brief stint working for an Asset Manager in Hong Kong. In 2007 she joined Corisol Holding AG based in Zug, Switzerland.

She is Member of the Board of Directors of the following Swiss listed investment companies: Swiss Small Cap Invest, Zurich, and Absolute Invest Ltd., Zug (since May 31, 2010).

Vanessa C. Frey did not have any business connections with the Company or its Subsidiaries during the year under review.

She holds no permanent management or consultancy functions for interest groups, official functions or political posts.