<SEC-DOCUMENT>0001858985-22-000025.txt : 20221116
<SEC-HEADER>0001858985-22-000025.hdr.sgml : 20221116
<ACCEPTANCE-DATETIME>20221116060654
ACCESSION NUMBER:		0001858985-22-000025
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20220930
FILED AS OF DATE:		20221116
DATE AS OF CHANGE:		20221116

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			On Holding AG
		CENTRAL INDEX KEY:			0001858985
		STANDARD INDUSTRIAL CLASSIFICATION:	RUBBER & PLASTICS FOOTWEAR [3021]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			V8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40795
		FILM NUMBER:		221392855

	BUSINESS ADDRESS:	
		STREET 1:		PFINGSTWEIDSTRASSE 106
		CITY:			8005 ZURICH
		STATE:			V8
		ZIP:			00000
		BUSINESS PHONE:		41 44 225 15 55

	MAIL ADDRESS:	
		STREET 1:		PFINGSTWEIDSTRASSE 106
		CITY:			8005 ZURICH
		STATE:			V8
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a22q3-6xk.htm
<DESCRIPTION>6-K_Q3_2022
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2022 Workiva -->
<title>Document</title></head><body><div id="i62a952ed426d4faeb786bc625e93beaf_1"></div><div style="min-height:18pt;width:100%"><div style="margin-bottom:0.08pt"><font><br></font></div></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:3pt solid #000000;padding:2px 1pt 2px 3.77pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica Light',sans-serif;font-size:11pt;font-weight:400;line-height:125%">&#160;</font></td></tr></table></div><div style="margin-top:1pt;text-align:center"><font style="color:#000000;font-family:'Helvetica Light',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">UNITED STATES</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Washington, D.C. 20549</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">FORM 6-K</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">THE SECURITIES EXCHANGE ACT OF 1934</font></div><div style="padding-left:3.42pt;padding-right:3.42pt;text-align:center;text-indent:-6.85pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">For the month of November 2022</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-top:8.5pt;padding-left:227.4pt;padding-right:227.4pt;text-align:center"><font><br></font></div><div style="margin-top:8.5pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Commission File Number&#58; </font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">001-40795</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">On Holding AG</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">(Exact name of registrant as specified in its charter)</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:41.015%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:125%">F&#246;rrlibuckstrasse 190</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:125%">8005 Zurich, Switzerland</font></td></tr></table></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Tel&#58;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">+41</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">44 225 1555</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fax&#58; </font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">+4144 225 1556</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">(Address of principal executive office)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&#160;20-F or Form 40-F&#58;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-bottom:6pt;padding-left:80.57pt;padding-right:80.57pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:44.270%"><tr><td style="width:1.0%"></td><td style="width:27.723%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.017%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:26.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.019%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.4pt;padding-right:0.4pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Form 20-F</font></div></td><td colspan="3" style="border-bottom:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.4pt;padding-right:0.4pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#9746;&#160;</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.37pt;padding-right:0.37pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.4pt;padding-right:0.4pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Form 40-F</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-right:0.8pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-top:1pt;padding-right:0.8pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div></td></tr></table></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)&#58; &#9744;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)&#58; &#9744;</font></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:3pt solid #000000;padding:2px 1pt 2px 3.77pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:125%">&#160;</font></td></tr></table></div><div style="margin-top:6pt"><font><br></font></div><div id="i62a952ed426d4faeb786bc625e93beaf_4"></div><div style="margin-bottom:0.08pt;margin-top:7pt;text-align:center"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:0.08pt;text-align:right"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:0.08pt"><font><br></font></div></div><div style="margin-top:7pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:24pt;font-weight:700;line-height:120%">SIGNATURE</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:59.859%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.142%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:28.604%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:125%">On Holding AG</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">By&#58;</font></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#47;s&#47; Martin Hoffmann</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">Name&#58;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">Martin Hoffmann</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">Title&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:125%">Chief Financial Officer and Co-Chief Executive Officer</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td></tr></table></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Date&#58; November 16, 2022</font></div><div style="margin-bottom:0.08pt"><font><br></font></div><div style="margin-bottom:0.08pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica Light',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div id="i62a952ed426d4faeb786bc625e93beaf_7"></div><div style="margin-bottom:0.08pt;margin-top:7pt;text-align:center"><font><br></font></div><div style="-sec-extract:summary;margin-bottom:0.08pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:24pt;font-weight:700;line-height:125%">EXHIBIT INDEX</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font></div><div><font><br></font></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:8.665%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:89.135%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:0.4pt;padding-right:0.4pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit Number</font></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:0.4pt;padding-right:0.4pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Description</font></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">&#160;</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-right:0.8pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">99.1</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.08pt"><font style="color:#0000ff;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%;text-decoration:underline"><a href="a22q3-pressrelease.htm" style="-sec-extract:exhibit;color:#0000ff;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%;text-decoration:underline">Press Release dated November 16, 2022</a></font></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">99.2</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.08pt"><font style="color:#0000ff;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%;text-decoration:underline"><a href="a22q3-mda.htm" style="-sec-extract:exhibit;color:#0000ff;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%;text-decoration:underline">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations for the Third Quarter Ended September 30, 2022</a></font></div></td></tr></table></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:0.08pt;text-align:right"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a22q3-pressrelease.htm
<DESCRIPTION>EX-99.1_Q3_2022 PRESS RELEASE_OPERATING RESULTS
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2022 Workiva -->
<title>Document</title></head><body><div id="i05d9197e55be456abeaa964cea8d8c92_1"></div><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-top:3pt;text-align:right"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Exhibit 99.1</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:24pt;font-weight:700;line-height:120%">On Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2022</font></div><div style="margin-bottom:3.08pt;margin-top:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13pt">On reports strong results for the first nine months of 2022, reaching CHF 855.4 million in net sales YTD. Q3 2022 net sales increased by 50.4%, driven by strong wholesale growth of 55.6% and DTC growth of 40.7%, as well as exceptional growth of 85.2% in the Asia-Pacific region and continued strong demand in On's North America region, growing at 57.1%.</font></div><div style="margin-bottom:3.08pt;margin-top:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13pt">Q3 2022 was the strongest quarter in history, as On records Q3 2022 net sales of CHF 328.0 million. Despite an uncertain macroeconomic environment, foreign exchange headwinds, and temporary supply chain constraints, net income and adjusted EBITDA reached CHF 20.6 million and CHF 56.3 million, respectively.</font></div><div style="margin-bottom:3.08pt;margin-top:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13pt">On delivers a third quarter 2022 gross profit margin of 57.1%, down from 60.2% in the prior year period and up from 55.1% in the second quarter 2022, reflecting unfavorable foreign exchange rates and continued, yet reduced, transitory headwinds from a higher airfreight share.</font></div><div style="margin-bottom:3.08pt;margin-top:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13pt">On is monitoring the macroeconomic developments and potential changes in consumer demand with caution. However, based on the outstanding performance of the first three quarters of 2022 and strong order books for Q4, On is raising its previous guidance by CHF 25 million and now expects net sales of CHF 1.125 billion and an increased adjusted EBITDA of CHF 148 million for the full year 2022. Guidance for the full year adjusted EBITDA margin remains unchanged at 13.2%.</font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13pt">On is continuing to create innovative products to unleash the full potential of the world's best athletes. In the third quarter, On Athlete Gustav Iden won the men's Ironman World Championship in Hawaii with a new overall course record, as well as running a course record marathon. In addition, On is continuing its great efforts in the sustainability field and is pioneering the footwear industry by presenting the first-ever shoe made out of carbon emissions.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">ZURICH, Switzerland, November 16, 2022</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> - On Holding AG (NYSE&#58; ONON) (&#8220;On,&#8221; &#8220;On Holding AG,&#8221; the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;our,&#8221; &#8220;ours,&#8221; or &#8220;us&#8221;), has announced its financial results for the third quarter and nine-month period ended September 30, 2022.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Martin Hoffmann, Co-CEO and CFO of On, said&#58; &#8220;With 50.4% top-line growth and CHF 56.3 million adjusted EBITDA, Q3 has been another record quarter for On. We are extremely proud to have exceeded 1 billion Swiss Francs in net sales when considering the past 12 months leading up to September 30th. Our recently launched running and trail running shoes are extremely hot and win market share globally. The win of On Athlete Gustav Iden in the men's Ironman World Championship in Hawaii, the launch of our first online re-sell platform Onward, our we-chat mini program in China, and our latest owned retail store opening in Los Angeles are just some of the highlights in the last three months. The strong nine-month results and the strong order books for Q4 and beyond give us a lot of confidence going into the last months of the year and into 2023, putting us in a position to again increase our net sales outlook for the full year 2022. All of this would not be possible without our culture and the team that is standing behind it.&#34;</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">David Allemann, Co-Founder and Executive Co-Chairman of On, said&#58; &#8220;The momentum of the On brand shows no signs of slowing. This quarter has seen On reach more new fans than ever before with our mix of innovative performance footwear and apparel, powerful marketing campaigns and immersive shopping experiences. Our unrelenting focus on performance innovation continues to be a winning formula, inspiring us to create the world&#8217;s first ever shoe made from carbon emissions and helping our fans and elite athletes to achieve their dreams.&#34;</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Third Quarter 2022 Financial and Operating Metrics</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key highlights for the three-month period ended September 30, 2022 compared to the three-month period ended September 30, 2021 include&#58; </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales increased 50.4% to CHF 328.0 million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales through the direct-to-consumer (&#34;DTC&#34;) sales channel increased 40.7% to CHF 106.6&#160;million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales through the wholesale sales channel increased 55.6% to CHF 221.4&#160;million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales in North America, Europe, Asia-Pacific and Rest of World increased 57.1% to CHF 176.3&#160;million, 31.8% to CHF 116.5&#160;million, 85.2% to CHF 24.2&#160;million and 150.0% to 11.0, respectively&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales from shoes, apparel and accessories increased 51.6% to CHF 310.9 million, 32.4% to CHF 15.2 million and 25.2% to CHF 1.9 million, respectively&#59;</font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">gross profit increased 42.7% to CHF 187.4&#160;million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;gross profit margin decreased to 57.1% from 60.2%&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net income increased to CHF 20.6 million from CHF 13.0 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net income margin increased to 6.3% from 6.0%&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">basic EPS Class A (CHF) increased by CHF 0.02 to CHF 0.07&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">diluted EPS Class A (CHF) increased by CHF 0.02 to CHF 0.06&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;adjusted EBITDA increased 48.5% to CHF 56.3&#160;million from CHF 37.9 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted EBITDA margin decreased from 17.4% to 17.2%&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted net income increased to CHF 22.3 million from CHF 18.5 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted basic EPS Class A (CHF) increased by CHF 0.01 to CHF 0.07&#59; and</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted diluted EPS Class A (CHF) increased by CHF 0.01 to CHF 0.07.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key highlights for nine-month period ended September 30, 2022 compared to the nine-month period ended September 30, 2021 include&#58; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales increased 60.3% to CHF 855.4 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales through the DTC sales channel increased 54.7% to CHF 295.6 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales through the wholesale sales channel increased 63.5% to CHF 559.7 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales in North America, Europe, Asia-Pacific and Rest of World increased 79.8% to CHF 496.4 million, 27.0% to CHF 274.7 million, 82.3% to CHF 58.6 million and 186.6% to CHF 25.7, respectively&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales from shoes, apparel and accessories increased 61.7% to CHF 814.0 million, 35.8% to CHF 35.8 million and 55.1% to CHF 5.5 million</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">gross profit increased 47.7% to CHF 470.3 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">gross profit margin decreased to 55.0% from 59.7%&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net income increased to CHF 84.1 million from CHF 16.8 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net income margin increased to 9.8% from 3.1%&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">basic EPS Class A (CHF) increased by CHF 0.21 to CHF 0.27&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">diluted EPS Class A (CHF) increased by CHF 0.20 to CHF 0.26&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted EBITDA increased 21.4% to CHF 103.5 million from CHF 85.2 million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted EBITDA margin decreased from 16.0% to 12.1%&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted net income increased 87.2% to CHF 84.1 million from CHF 44.9 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted basic EPS Class A (CHF) increased 66.0% to CHF 0.27 from CHF 0.16&#59; and</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted diluted EPS Class A (CHF) increased 67.2% to CHF 0.26 from CHF 0.16.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:19.05pt;text-align:justify;text-indent:-0.35pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key highlights as of September 30, 2022 include&#58;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">cash and cash equivalents decreased 25% to CHF 493.0 million compared to December&#160;31, 2021&#59; and</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net working capital was CHF 382.6 million as of September 30, 2022 which reflects an increase of 104.0% compared to December&#160;31, 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS and net working capital are non-IFRS measures used by us to evaluate our performance. Furthermore, we believe adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS and net working capital enhance investors understanding of our financial and operating performance from period to period because they exclude certain material items related to share-based compensation and other costs which are not reflective of our ongoing operations and performance. Adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS and net working capital should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with IFRS. For a detailed description and a reconciliation to the nearest IFRS measure, see the section below titled &#8220;Non-IFRS Measures&#8221;. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Outlook</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On has had a very successful first nine months of 2022, achieving three consecutive net sales records in the respective quarters. The continued success of the On brand has been driven by continuously increasing brand awareness around the globe, and numerous successful and innovative product launches. Based on all indications available, including the order book for the </font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">remainder of the year and into 2023, On expects to continue to drive significant growth despite the current macroeconomic environment. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Following transitory supply shortages as a result of factory closures in 2021, particularly impacting the first half of the year 2022, On goes into the fourth quarter with a strong inventory position and expects the use of air freight to be at a fully normalized level in the final months of the year. While On expects continued margin pressure from the combination of a strong USD and weak EUR compared to its reporting currency CHF, the current demand puts On in a strong position to further increase absolute and relative profitability.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the year ending December 31, 2022, On is again increasing its net sales outlook by CHF 25 million, to CHF 1.125 billion, representing a year-over-year growth of approximately 55% compared to 2021. Despite the pressures on margin described above, On is raising its adjusted EBITDA target for the full year to CHF 148 million and reiterating the target adjusted EBITDA margin of 13.2%.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other than with respect to IFRS net-sales, On only provides guidance on a non-IFRS basis. The Company does not provide a reconciliation of forward-looking adjusted EBITDA to IFRS net income due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. As a result, we are not able to forecast with reasonable certainty all deductions needed in order to provide a reconciliation to net income. The above outlook is based on current market conditions and reflects the Company&#8217;s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of risks and uncertainties, including those stated below.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Conference Call Information</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">A conference call to discuss third quarter results is scheduled for November 16, 2022 at 8 a.m. US Eastern time (2 p.m. Central European Time). Those interested in participating in the call are invited to dial the following numbers&#58;</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">United States&#58;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;+1 760 294 16 74</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">United Kingdom&#58;&#160;&#160;&#160;&#160;+44 203 059 58 69</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Switzerland&#58;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;+41 91 261 14 47</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">No access code necessary.</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Additionally, a live webcast of the conference call will be available on the Company's investor relations website and under the following link&#58; https&#58;&#47;&#47;events.q4inc.com&#47;attendee&#47;916539984</font><font style="color:#0563c1;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">. </font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Following the conclusion of the call, a replay of the conference call will be available on the Company's website.</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">About On</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On was born in the Swiss Alps with one goal&#58; to revolutionize the sensation of running by empowering all to run on clouds. Twelve years after market launch, On delivers industry-disrupting innovation in premium footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. Fuelled by customer-recommendation, On&#8217;s award-winning CloudTec&#174; innovation, purposeful design and ground-breaking strides in sportswear&#8217;s circular economy have attracted a fast-growing global fanbase &#8212; inspiring humans to explore, discover and dream on. On is present in more than 60 countries globally and engages with a digital community on www.on-running.com.</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Non-IFRS Measures </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS and net working capital are financial measures that are not defined under IFRS. We use these non-IFRS measures when evaluating our performance, including when making financial and operating decisions, and as a key component in the determination of variable incentive compensation for employees. Additionally, we believe these non-IFRS measures enhance an investor&#8217;s understanding of our financial and operating performance from period to period, because certain measures, such as adjusted EBITDA and adjusted EBITDA margin, exclude certain material items relating to share-based compensation and other costs which are not reflective of our ongoing operations and performance. In particular, we believe adjusted EBITDA, adjusted EBITDA margin, adjusted net income and net working capital are measures commonly used by investors to evaluate companies in the sportswear industry. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">However, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS or net working capital should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with IFRS and may not be comparable to similarly titled non-IFRS measures used by other companies. For more information on these non-IFRS measures, please see the section captioned &#34;Reconciliation of Non-IFRS Measures&#34; included in the accompanying financial tables, which includes more detail on the IFRS measure that is most directly comparable to each non-IFRS measure, and the related reconciliations between these measures.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As noted above, we do not provide a reconciliation of forward-looking adjusted EBITDA to IFRS net income due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. The amount of these deductions may be material and, therefore, could result in projected net income being materially less than projected adjusted EBITDA. These statements represent forward-looking information and may represent a financial outlook, and actual results may vary. Please see the risks and assumptions referred to in the Forward-Looking Statements section of this news release.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Forward-Looking Statements</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This press release includes estimates, projections, statements relating to the Company's business plans, objectives, and expected operating results that are &#34;forward-looking statements&#34; within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In many cases, you can identify forward-looking statements by terms such as &#34;may,&#34; &#34;will,&#34; &#34;should,&#34; &#34;expects,&#34; &#34;plans,&#34; &#34;anticipates,&#34; &#34;outlook,&#34; &#34;believes,&#34; &#34;intends,&#34; &#34;estimates,&#34; &#34;predicts,&#34; &#34;potential&#34; or the negative of these terms or other comparable terminology. These forward-looking statements also include the Company's guidance and outlook statements. These statements are based on management's current expectations but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of risks and uncertainties, which include, without limitation&#58; our ability to maintain the value and reputation of our brand&#59; the current COVID-19 coronavirus pandemic and related government, private sector, and individual consumer responsive actions&#59; global supply chain challenges in the form of inflationary cost pressures on labor and freight caused by COVID-19&#59; the ongoing conflict between Russia and Ukraine&#59; our highly competitive market and increasing competition&#59; our ability to compete and conduct our business in the future&#59; our ability to anticipate consumer preferences and to continue to innovate and to successfully develop and introduce new, innovative and updated products&#59; the acceptability of our products to customers and our ability to connect with our consumer base&#59; our ability to accurately forecast consumer demand for our products and manage product manufacturing decisions&#59; changes in consumer tastes and shopping preferences and shifts in distribution channels&#59; our international operations&#59; our ability to expand internationally in light of our limited operating experience and limited brand recognition in new international markets&#59; our ability to implement our growth strategy and manage our growth and the increased complexity of our business effectively&#59; our ability to strengthen our direct-to-consumer channel&#59; our ability to successfully open new store locations in a timely manner&#59; seasonality&#59; our third-party suppliers, manufactures and other partners, including their financial stability and our ability to find suitable partners to implement our growth strategy&#59; our reliance on and limited control over third-party suppliers to provide materials for and to produce our products&#59; the operations of many of our suppliers are subject to international and other risks&#59; suppliers or manufacturers not complying with our Vendor Code of Ethics or applicable laws&#59; our ability to deliver our products to the market and to meet consumer expectations if we have problems with our distribution system&#59; our ability to distribute products through our wholesale channel&#59; the availability of qualified personnel and the ability to retain such people&#59; increasing labor costs and other factors associated with the production of our products in South Asia and South East Asia&#59; changes in commodity, material, distribution and other operating costs&#59; rising inflation rates due to material shortages, transportation bottlenecks and rising shipping costs&#59; our ability to safeguard against security breaches with respect to our information technology systems&#59; our compliance with privacy and data protection laws&#59; our reliance on complex IT systems and any material disruption of our information systems, including security breaches&#59; our ability to have technology-based systems function effectively and grow our e-commerce business globally&#59; climate change, and related legislative and regulatory responses&#59; increased scrutiny regarding our environmental, social, and governance&#59; or sustainability responsibilities&#59; an economic recession, depression, or downturn or economic uncertainty in our key markets&#59; global economic, demographic, political and business conditions&#59; health epidemics, pandemics and similar outbreaks, including the COVID-19 pandemic&#59; our </font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ability to source and sell our merchandise profitably or at all if new trade restrictions are imposed or existing trade restrictions become more burdensome&#59; changes in governmental regulations or tax laws, including unanticipated tax liabilities&#59; our ability to comply with trade and other regulations&#59; fluctuations in foreign currency exchange rates&#59; imitation by our competitors&#59; our ability to protect our intellectual property and defend against allegations of violations of third-party intellectual property by us&#59; conflicting trademarks and the prevention of sale of certain products&#59; our exposure to various types of litigation&#59; our generation of net losses in the past and potentially in the future&#59; other factors that may affect our financial condition, liquidity and results of operations&#59; our expectations regarding the time during which we will be an emerging growth company under the JOBS Act and a foreign private issuer&#59; and other risks and uncertainties set out in filings made from time to time with the United States Securities and Exchange Commission and available at www.sec.gov, including, without limitation, our most recent reports on Form 20-F and Form 6-K. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law.</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">For investor and media inquiries</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Investor Contact&#58; </font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On Holding AG</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Jerrit Peter</font></div><div style="margin-top:3pt"><font style="color:#0563c1;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">investorrelations&#64;on-running.com</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> </font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:112%">or </font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">ICR, Inc.</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Brendon Frey</font></div><div style="margin-top:3pt"><font style="color:#0563c1;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">brendon.frey&#64;icrinc.com</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Media Contact&#58; </font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On Holding AG</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Vesna Stimac</font></div><div style="margin-top:3pt"><font style="color:#0563c1;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">press&#64;on-running.com</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Source&#58; On</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Category&#58; Earnings</font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:112%">Consolidated Financial Information </font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Consolidated interim statements of income &#47; (loss)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.869%"><tr><td style="width:1.0%"></td><td style="width:29.538%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.724%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2021</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">328,013&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">218,037&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">855,356&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">533,492&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cost of sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(140,605)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(86,749)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(385,036)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(215,024)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Gross profit</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">187,408</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">131,288</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">470,321</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">318,467</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Selling, general and administrative expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(146,720)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(107,407)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(399,920)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(282,106)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operating result</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">40,688</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">23,881</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">70,400</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">36,361</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,850&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,274&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">18&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,465)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(674)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,500)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,218)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Foreign exchange result</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(15,327)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,021)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">34,135&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,723)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Income before taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">24,747</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">18,191</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">102,310</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">31,439</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4,116)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,199)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(18,187)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(14,688)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">20,631</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">12,993</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84,123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">16,751</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Earnings per share</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Basic EPS Class A (CHF)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.07&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.05&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.27&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.06&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Basic EPS Class B (CHF)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.007&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.005&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.027&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.006&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Diluted EPS Class A (CHF)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.06&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.04&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.26&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.06&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Diluted EPS Class B (CHF)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.006&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.005&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.026&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.006&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%"> Consolidated interim balance sheets</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:63.222%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.221%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9&#47;30&#47;2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">12&#47;31&#47;2021</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash and cash equivalents</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">492,984&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">653,081&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">thereof restricted cash</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">137,061&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trade receivables</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">178,241&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">99,264&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Inventories</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">262,451&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">134,178&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other current financial assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">31,217&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">30,054&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other current operating assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">71,680&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">48,024&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Current assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,036,574</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">964,601</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property, plant and equipment</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">66,760&#160;</font></td><td style="background-color:#dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">34,399&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Right-of-use assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">349,223&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">177,889&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Intangible assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">56,496&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57,464&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred tax assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">22,162&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,171&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Non-current assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">494,641</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">271,923</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,531,214</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,236,524</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trade payables</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">58,141&#160;</font></td><td style="background-color:#dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45,939&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other current financial liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,326&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,096&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other current operating liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">108,521&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">121,673&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current provisions</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,316&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14,903&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income tax liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,397&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,400&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Current liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">196,701</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">205,011</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:8pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Employee benefit obligations</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,704&#160;</font></td><td style="background-color:#dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,853&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Non-current provisions</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6,425&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,442&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other non-current financial liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">345,993&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">167,228&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred tax liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">19,461&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,611&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Non-current liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">373,584</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">183,133</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:8pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share capital</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33,454&#160;</font></td><td style="background-color:#dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33,454&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Treasury shares</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(26,146)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(25,035)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Capital reserves</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,068,133&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,043,987&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other reserves</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,970&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3,422)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accumulated losses</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(116,482)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(200,604)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Equity</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">960,929</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">848,379</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Equity and liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,531,214</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,236,524</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Consolidated interim statements of cash flows</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:63.222%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.221%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2021</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84,123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">16,751</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share-based compensation</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,682&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">22,018&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Employee benefit expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">811&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,091&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33,677&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">19,391&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss&#47;(gain) on disposal of assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,795&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income and expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,133&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,608&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net exchange differences</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(45,710)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,432)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">18,187&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14,688&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in provisions</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(8,895)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,351&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in working capital</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trade receivables</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(74,944)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(51,218)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Inventories</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(123,008)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(40,914)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trade payables</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">11,892&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,373&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in other current assets &#47; liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(34,589)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,038&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interests received</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,240&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes paid</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(27,493)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,218)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash inflow &#47; (outflow) from operating activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(157,100)</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(8,473)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchase of tangible assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(43,732)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(12,028)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchase of intangible assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,557)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(8,127)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payment of contingent considerations</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(200)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash inflow &#47; (outflow) from investing activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(49,290)</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(20,355)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payments of lease liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(10,385)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,874)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds from issue of shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">618,262&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds on sale of treasury shares related to share-based compensation</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">24,710&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Equity transaction costs</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(363)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interests paid</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4,314)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,598)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash inflow from financing activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">10,010</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">609,427</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Change in net cash and cash equivalents</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(196,379)</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">580,600</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash and cash equivalents at January 1</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">653,081&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">90,595&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net impact of foreign exchange rate differences</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">36,282&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">927&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash and cash equivalents at September 301</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">492,984&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">672,122&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:139%;position:relative;top:-3.5pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%"> Net cash and cash equivalents as at September 30, 2022 includes restricted cash in the amount of CHF 137.1 million (September 30, 2021&#58; 0)</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Reconciliation of non-IFRS measures</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Adjusted EBITDA and adjusted EBITDA margin </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below reconciles net income &#47; (loss) to adjusted EBITDA for the periods presented. Adjusted EBITDA margin is equal to adjusted EBITDA for the period presented as a percentage of net sales for the same period.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">20,631</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">12,993</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">58.8</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">84,122</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">16,751</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">402.2</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Exclude the impact of&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4,116&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5,199&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(20.8)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">18,187&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">14,688&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">23.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Financial income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1,850)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(5)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">36635.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(3,274)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(18)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">18150.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Financial expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,465&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">674&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">265.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,218&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">148.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Foreign exchange result</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">15,327&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5,021&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">205.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(34,135)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,723&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1353.8)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">13,720&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7,716&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">77.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">33,676&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">19,392&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">73.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,930&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,360&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(18.2)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(605)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">22,251&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(102.7)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Equity transaction costs</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,974&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(100.0)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7,225&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(100.0)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">56,339</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">37,932</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">48.5</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">103,471</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">85,230</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">21.4</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Adjusted EBITDA Margin</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">17.2&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">17.4&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1.3)</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">12.1&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">16.0&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(24.3)</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">%</font></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1)&#160;&#160;&#160;&#160;Represents the foreign exchange impact within the net financial result. We do not consider these expenses reflective of the operating performance of the business. </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;Represents non-cash share-based compensation expense. We do not consider these expenses reflective of the operating performance of the business.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Adjusted Net Income, Adjusted Basic EPS and Adjusted Diluted EPS</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We use adjusted net income, adjusted basic EPS and adjusted diluted EPS as measures of operating performance in conjunction with related IFRS measures.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted basic EPS is used in conjunction with other non-IFRS measures and excludes certain items (as listed below) from the calculation in order to increase comparability of the metric from period to period, which we believe makes it useful for management, our audit committee and investors to assess our financial performance over time.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Diluted earnings per share (EPS) is calculated by dividing net income by the weighted average number of ordinary shares outstanding during the period on a fully diluted basis. For the purpose of operational performance measurement, we calculate adjusted net income, adjusted basic EPS and adjusted diluted EPS in a manner that fully excludes the impact of any costs related to share-based compensation and other costs which are not reflective of our ongoing operations and performance and includes the tax effect on the tax deductible portion of the non-IFRS adjustments.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below provides a reconciliation between net income &#47; (loss) to adjusted net income, adjusted basic EPS and adjusted diluted EPS for the periods presented&#58;</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.869%"><tr><td style="width:1.0%"></td><td style="width:29.538%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.724%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="21" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands, except per share data)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class B</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class B</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">18,384</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2,247</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">11,418</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1,575</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Exclude the impact of&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,720&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">210&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,074&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">286&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Equity transaction costs</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,492&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">481&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Tax effect of adjustments</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(251)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(31)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(728)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(100)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">19,853</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2,426</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">16,256</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2,242</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Number of shares at beginning of period</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">282,429,259&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">245,740,000&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Number of shares at end of period</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">282,973,630&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">274,998,125&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Weighted number of outstanding shares</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">282,649,491</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">250,510,346</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Weighted number of shares with dilutive effects</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,847,761&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6,460,989&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,568,037&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Weighted number of outstanding shares (diluted and undiluted)</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(3)(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">284,497,253</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">351,898,489</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">254,078,383</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Basic EPS (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.07</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.007</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.06</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.006</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Diluted EPS (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.07</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.007</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.06</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.006</font></td></tr></table></div><div style="margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">(1)&#160;&#160;&#160;&#160;Represents non-cash share-based compensation expense. We do not consider these expenses reflective of the operating performance of the business.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;The tax effect has been calculated by applying the local tax rate on the tax deductible portion of the respective adjustments.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)&#160;&#160;&#160;&#160;Weighted number of outstanding shares (diluted and undiluted) are presented herein in order to calculate Adjusted Basic EPS as Adjusted Net Income for such periods.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)&#160;&#160;&#160;&#160;Original share numbers have been multiplied by 1,250 to give effect to the Share Capital Reorganization that took place in 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.869%"><tr><td style="width:1.0%"></td><td style="width:29.538%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.724%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="21" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands, except per share data)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class B</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class B</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">74,939</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">9,183</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">15,527</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1,224</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Exclude the impact of&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(539)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(66)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">20,625&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,626&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Equity transaction costs</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6,697&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">528&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Tax effect of adjustments</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">486&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">60&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1,233)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(97)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">74,887</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">9,177</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">41,616</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">3,281</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Number of shares at beginning of period</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">279,467,285&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">271,438.75&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Number of shares at end of period</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">282,973,630&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">274,998.13&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437.50&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Weighted number of outstanding shares</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">281,890,709</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">259,967.28</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">204,984.89</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Weighted number of shares with dilutive effects</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,535,820&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6,961,178&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4,289.76&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Weighted number of outstanding shares (diluted and undiluted)</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(3)(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">284,426,529</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">352,398,678</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">264,257.04</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">204,984.89</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Basic EPS (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.27</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.027</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.16</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.016</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Diluted EPS (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.26</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.026</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.16</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.016</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">(1)&#160;&#160;&#160;&#160;Represents non-cash share-based compensation expense. We do not consider these expenses reflective of the operating performance of the business.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;The tax effect has been calculated by applying the local tax rate on the tax deductible portion of the respective adjustments.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)&#160;&#160;&#160;&#160;Weighted number of outstanding shares (diluted and undiluted) are presented herein in order to calculate Adjusted Basic EPS as Adjusted Net Income for such periods.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)&#160;&#160;&#160;&#160;Original share numbers have been multiplied by 1,250 to give effect to the Share Capital Reorganization that took place in 2021.</font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Net Working Capital</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net working capital is a financial measure that is not defined under IFRS. We use, and believe that certain investors and analysts, use this information to assess liquidity and management use of net working capital resources. We define net working capital as trade receivables, plus inventories, minus trade payables. This measure should not be considered in isolation or as a substitute for any standardized measure under IFRS. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other companies in our industry may calculate this measure differently than we do, limiting its usefulness as a comparative measure.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.384%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.222%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">As of September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">As of December 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Accounts receivables</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">178,241&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">99,264&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">79.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Inventories</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">262,451&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">134,178&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">95.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Trade payables</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(58,141)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(45,939)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">26.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net working capital</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">382,552</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">187,503</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">104.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr></table></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>a22q3-mda.htm
<DESCRIPTION>EX-99.2_Q3_2022 MANAGEMENT'S DISCUSSION AND ANALYSIS
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2022 Workiva -->
<title>Document</title></head><body><div id="i97b2aa9bfbb64166afad704a41b5fd1e_1"></div><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-top:3pt;text-align:right"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Exhibit 99.2</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_4"></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following discussion of our financial condition and results of operations should be read in conjunction with the  consolidated financial information included as an appendix to this management's discussion and analysis of financial condition and results of operations, together with our audited financial statements and the notes thereto, and the section entitled &#34;Risk Factors&#34;, each of which appear in our annual report on Form 20-F for the year ended December 31, 2021 filed with the SEC on March 18, 2022 (&#34;Annual Report&#34;). As discussed in the section titled &#34;Special Note Regarding Forward-Looking Statements,&#34; the following management's discussion and analysis contains forward looking statements that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to these differences include, but are not limited to, those identified below. The unaudited consolidated financial information as of September 30, 2022, and for the three-month and nine-month periods ended September 30, 2022 and 2021 were prepared in accordance with International Financial Reporting Standards (&#34;IFRS&#34;), as issued by the International Accounting Standards Board, and presented in Swiss Francs (CHF), the legal currency of Switzerland. Unless otherwise indicated or the context otherwise requires, all references in this document to &#8220;On,&#8221; &#8220;On Holding AG,&#8221; the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;our,&#8221; &#8220;ours,&#8221; &#8220;us&#8221; or similar terms refer to On Holding AG, together with its subsidiaries.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rounding adjustments were made to some of the figures included in this document. Accordingly, numerical figures shown as totals in some tables may not be an arithmetic aggregation of the figures that preceded them. With respect to financial information set out in this document, a dash (&#8220;&#8212;&#8221;) signifies that the relevant figure is not available or not applicable, while a zero (&#8220;0.0&#8221;) signifies that the relevant figure is available but is or has been rounded to zero.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_7"></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Overview</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:28pt;font-weight:700;line-height:120%"> </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On is a premium performance sports brand rooted in technology, design and sustainability that has built a passionate global community of fans across more than 60 countries. We focus on providing a premium product experience to customers wherever they are and our brand resonates with our loyal customers around the world.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe our Swiss heritage and our focus on innovating at the cutting edge of performance, design and sustainability differentiates us from other sports brands. We are committed to creating premium products that deliver strong performance. Our relentless culture of innovation has driven us to repeatedly introduce numerous groundbreaking technologies that are designed to change the experience of running and create continuous excitement for our fans as we bring new products to market. Building off our heritage of supporting the runner, we have applied our expertise to creating performance products for a broader set of global consumers who use them in everyday life, expanding our product range beyond Performance Running to Performance Outdoor and Performance All Day.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_10"></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Key Financial and Operating Metrics</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key highlights for the three-month period ended September 30, 2022 compared to the three-month period ended September 30, 2021 include&#58; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales increased 50.4% to CHF 328.0 million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales through the direct-to-consumer (&#34;DTC&#34;) sales channel increased 40.7% to CHF 106.6&#160;million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales through the wholesale sales channel increased 55.6% to CHF 221.4&#160;million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales in Europe, North America, Asia-Pacific and Rest of World increased 31.8% to CHF 116.5&#160;million, 57.1% to CHF 176.3&#160;million, 85.2% to CHF 24.2&#160;million and 150.0% to 11.0, respectively&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net sales from shoes, apparel and accessories increased 51.6% to CHF 310.9 million, 32.4% to 15.2 million and 25.2% to 1.9 million, respectively&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">gross profit increased 42.7% to CHF 187.4&#160;million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;gross profit margin decreased to 57.1% from 60.2%&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net income increased to CHF 20.6 million from CHF 13.0 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;net income margin increased to 6.3% from 6.0%&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;&#160;&#160;&#160;&#160;basic EPS Class A (CHF) increased by CHF 0.02 to CHF 0.07&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">diluted EPS Class A (CHF) increased by CHF 0.02 to CHF 0.06&#59;</font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">1</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted EBITDA increased 48.5% to CHF 56.3&#160;million from CHF 37.9 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted EBITDA margin decreased from 17.4% to 17.2%&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted net income increased to CHF 22.3 million from CHF 18.5 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted basic EPS Class A (CHF) increased by CHF 0.01 to CHF 0.07&#59; and</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted diluted EPS Class A (CHF) increased by CHF 0.01 to CHF 0.07.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key highlights for nine-month period ended September 30, 2022 compared to the nine-month period ended September 30, 2021 include&#58; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales increased 60.3% to CHF 855.4 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales through the DTC sales channel increased 54.7% to CHF 295.6 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales through the wholesale sales channel increased 63.5% to CHF 559.7 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales in Europe, North America, Asia-Pacific and Rest of World increased 27.0% to CHF 274.7 million, 79.8% to CHF 496.4 million, 82.3% to CHF 58.6 million  and 186.6% to CHF 25.7, respectively&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net sales from shoes, apparel and accessories increased 61.7% to CHF 814.0 million, 35.8% to CHF 35.8 million and 55.1% to CHF 5.5 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">gross profit increased 47.7% to CHF 470.3 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">gross profit margin decreased to 55.0% from 59.7%&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net income increased to CHF 84.1 million from CHF 16.8 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net income margin increased to 9.8% from 3.1%&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">basic EPS Class A (CHF) increased by CHF 0.21 to CHF 0.27&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">diluted EPS Class A (CHF) increased by CHF 0.20 to CHF 0.26&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted EBITDA increased 21.4% to CHF 103.5 million from CHF 85.2 million&#59; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted EBITDA margin decreased from 16.0% to 12.1%&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted net income increased 87.2% to CHF 84.1 million from CHF 44.9 million&#59;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted basic EPS Class A (CHF) increased 66.0% to CHF 0.27 from CHF 0.16&#59; and</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">adjusted diluted EPS Class A (CHF) increased 67.2% to CHF 0.26 from CHF 0.16.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:19.05pt;text-align:justify;text-indent:-0.35pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key highlights as of September 30, 2022 include&#58;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">cash and cash equivalents decreased 25% to CHF 493.0 million compared to December&#160;31, 2021&#59; and</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:55.05pt;text-align:justify;text-indent:-18.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.35pt">net working capital was CHF 382.6 million as of September 30, 2022, which reflects an increase of 104.0% compared to December&#160;31, 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS and net working capital are non-IFRS measures used by us to evaluate our performance. Furthermore, we believe adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS and net working capital enhance investors understanding of our financial and operating performance from period to period because they exclude certain material items related to share-based compensation and other costs which are not reflective of our ongoing operations and performance. Adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS and net working capital should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with IFRS. For a detailed description and a reconciliation to the nearest IFRS measure, see the section below titled &#8220;Non-IFRS Measures&#8221;. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_13"></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Recent Developments</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Update on COVID-19</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our response to the COVID-19 pandemic has focused on protecting our people, safeguarding our supply chain, responding to new patterns of demand and intensifying partnerships with our customers.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Apart from localized lockdowns in China, the impact to production and distribution due to COVID-19 was minimal during the third quarter of 2022. Additionally, the tailwinds from the re-bound in both wholesale and e-commerce in China which began in June 2022 contributed to net sales growth in Asia-Pacific during the third quarter.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During previous quarters, we successfully applied several measures to counteract supply chain disruptions, including i) leveraging inventories on hand to fulfil sales&#59; ii) optimizing different product styles within inventories to match sales orders&#59; and iii) increasing our use of airfreight to balance production against strong demand and secure key product availabilities. As a result, we saw a normalization of supply and significant reduction to the use of airfreight during the third quarter, resuming the use of </font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">2</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">sea freight for the vast majority of our shipments. Under current conditions, we do not expect  extraordinary use of airfreight in the fourth quarter of 2022.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, the global supply chain challenges in the form of inflationary cost pressures (described further below under &#34;Cost Inflation&#34;) on labor and freight caused by COVID-19 has impacted and continues to impact our financial performance. The global freight market disruptions are expected to continue throughout 2022, with port congestion and limited capacity, and we expect rates will likely remain high during the remainder of 2022. We continue to monitor the ongoing impacts of COVID-19 and proactively take actions as appropriate. Any disruptions across international supply chains, including factory closures, port congestion, labor shortages and increased logistics costs, may materially impact our net sales, net income and adjusted EBITDA outlook for 2022.</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Update on Russia-Ukraine crisis considerations</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The February 2022 invasion of Ukraine by the Russian military has significantly amplified and continues to adversely impact geopolitical tensions among Russia, Ukraine, Europe, the West and China.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We cannot predict how the war in Ukraine will evolve, but any escalation or expansion of the conflict into other countries, particularly in Europe, would exacerbate geopolitical tensions and could lead to political and&#47;or economic responses from the U.S., the E.U. and other countries and international organizations, which may adversely impact economic conditions. In particular, Russia&#8217;s military incursion and the resulting sanctions could also adversely affect global energy and financial markets and thus could adversely impact our operations and the price of our Class A ordinary shares. In addition, we may experience other risks, difficulties and challenges in the way we conduct our business and operations generally. For example, there may be an increased risk of cybersecurity attacks due to the current conflict between Russia and Ukraine, including cybersecurity attacks perpetrated by Russia or others at its direction in response to economic sanctions and other actions taken against Russia as a result of its invasion of Ukraine. Any increase in such attacks on us or our third-party providers or other systems could adversely affect our network systems or other operations.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">It is not possible to predict the broader or longer-term consequences of the Russia-Ukraine crisis&#59; however, we continue to monitor the ongoing impacts of the conflict. Further sanctions, embargoes, regional instability, geopolitical shifts and adverse effects on macroeconomic conditions, security conditions, currency exchange rates and financial markets may have a negative impact on our ability to sell to, deliver to, collect payments from, and support clients in certain regions based on trade restrictions, embargoes and export control law restrictions, and logistics restrictions including closures of air space, and could increase the costs, risks and adverse impacts from supply chain and logistics challenges. As of the date of this report, the Russia-Ukraine crisis has not had a material impact on our financial results. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Seasonality</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Beginning in January 2022 we introduced new product seasons with spring-summer season going from January to June and fall-winter season going from July to December. As a result of the introduction of the new product seasons, we launched our spring-summer product season in January 2022 instead of November 2021 and our fall-winter product season in July 2022 rather than June 2022. </font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Cost inflation</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We and other companies in our industry are and will continue to be affected by rising inflation rates across geographies caused by a combination of material shortages, transportation bottlenecks and rising shipping and freight costs. We continue to work to mitigate the price increases on products with our strong partner relationships and good visibility of suppliers. On continues to diversify our production partners and supplier network to reduce our reliance on single-partner relationships and provide further mitigation against inflationary price impacts. Labor expenses have also been subject to inflationary pressures due to external factors such as the COVID-19 pandemic and related labor shortages.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">3</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_16"></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Operating Results</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes certain key operating measures for the three-month and nine-month periods ended September 30, 2022 and 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">328,013&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">218,037&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">50.4&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">855,356&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">533,492&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">60.3&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Cost of sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(140,605)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(86,749)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">62.1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(385,036)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(215,024)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">79.1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Gross profit</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">187,408</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">131,288</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">42.7</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">470,321</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">318,467</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">47.7</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Gross profit margin</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">57.1&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">60.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">55.0&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">59.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Selling, general and administrative expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(146,720)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(107,407)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">36.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(399,920)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(282,106)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">41.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Operating result</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">40,688</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">23,881</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">70.4</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">70,400</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">36,361</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">93.6</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net financial result</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(15,942)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(5,690)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">180.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">31,909&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(4,922)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">748.3&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Income before taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">24,747</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">18,191</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">36.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">102,310</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">31,439</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">225.4</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(4,116)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(5,199)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(20.8)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(18,187)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(14,688)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">23.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">20,631</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">12,993</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">58.8</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">84,123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">16,751</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">402.2</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Basic EPS Class A (CHF)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.07&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.05&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">42.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.27&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.06&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345.1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Diluted EPS Class A (CHF)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.06&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.04&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">43.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.26&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.06&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">348.4&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Other data</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">56,339&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">37,931&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">48.5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">103,471&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">85,230&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">21.4&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Adjusted EBITDA margin</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">17.2&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">17.4&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">12.1&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">16.0&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Adjusted Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">22,279&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">18,498&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">20.4&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">84,064&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">44,898&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">87.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Adjusted basic EPS Class A (CHF)</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.07&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.06&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">8.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.27&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.16&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">66.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Adjusted diluted EPS Class A (CHF)</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.07&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.06&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">9.1&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.26&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.16&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">67.2&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1)&#160;&#160;&#160;&#160;Adjusted EBITDA, adjusted EBITDA Margin, adjusted net income, adjusted basic EPS, and adjusted diluted EPS are Non-IFRS measures. See section titled &#8220;Non-IFRS Measures&#8221; for a description of these measures and a reconciliation to the nearest IFRS measure.</font></div><div style="padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(2)&#160;&#160;&#160;&#160;Actual share numbers for the three-month and nine-month periods ended September 30, 2021 have been multiplied by 1,250 to give effect to the Share Capital Reorganization that took place in August 2021.</font></div><div style="padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">4</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_19"></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Net Sales</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Net sales by sales channel</font></div><div style="margin-top:3pt;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The following table presents net sales by sales channel&#58;</font></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Wholesale</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">221,437&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">142,292&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">55.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">559,713&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">342,393&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">63.5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">DTC</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">106,576&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">75,745&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">40.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">295,643&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">191,099&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">54.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">328,013</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">218,037</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">50.4</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">855,356</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">533,492</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">60.3</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Wholesale % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">67.5&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">65.3&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">65.4&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">64.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">DTC % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">32.5&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">34.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">34.6&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">35.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net sales %</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Three-month period ended September 30, 2022 compared to the three-month period ended September 30, 2021</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net sales for the three-month period ended September 30, 2022 increased by CHF 110.0 million, or 50.4%, compared to the three-month period ended September 30, 2021.  </font></div><div style="text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net sales generated by the wholesale sales channel for the three-month period ended September 30, 2022 increased by CHF 79.1 million, or 55.6%, to CHF 221.4 million, compared to CHF 142.3 million for the three-month period ended September 30, 2021. The growth was attributable to both our continued selective expansion of new doors with wholesale partners as well as an increase in net sales volumes with existing wholesale customer stores. Furthermore, our growth was well supported by new products introduced since the prior year period, such as the Cloudmonster, Cloudrunner and Cloudgo as well as the new active, climate and bra collection. Net sales generated by the wholesale sales channel as a percentage of net sales increased to 67.5% for the three-month period ended September 30, 2022, from 65.3% for the three-month period ended September 30, 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net sales generated by the DTC sales channel for the three-month period ended September 30, 2022 increased by CHF 30.8 million, or 40.7%, to CHF 106.6 million, compared to CHF 75.7 million for the three-month period ended September 30, 2021. This growth was primarily driven by the continued global increase in brand awareness, increasing the traffic on our e-commerce platform. As such, the growth is attributable to both retained existing customer groups and at the same time reaching a large number of first-time purchasers that have newly discovered the brand. New product launches also contributed to the increase, in particular the Cloudmonster and the new active, climate and bra collection. Net sales generated from the DTC sales channel as a percentage of net sales decreased to 32.5% for the three-month period ended September 30, 2022, from 34.7% for the three-month period ended September 30, 2021 primarily due temporary constraints in our United States East Coast warehouse, caused by a system upgrade by our third party logistic partner in mid-August 2022. As a result, we were not able to fulfil all of the demand we had in the United States due to longer delivery times and higher cancellation rates in our DTC channel.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Nine-month period ended September 30, 2022 compared to the nine-month period ended September 30, 2021</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net sales for the nine-month period ended September 30, 2022 increased by CHF 321.9 million, or 60.3%, compared to the nine-month period ended September 30, 2021. </font></div><div style="text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:107%">Net sales generated by the wholesale sales channel for the nine-month period ended September 30, 2022 increased by CHF 217.3 million, or 63.5%, to CHF 559.7 million, compared to CHF 342.4 million for the nine-month period ended September 30, 2021. This was primarily driven by the continued growth in the net sales volumes within new and existing customer account channels. Further, the growth in the wholesale channel was also well supported by new product launches in 2022, such as the new Cloud 5, new running blockbusters including the Cloudmonster and Cloudrunner, as well as the new trail running shoes, Cloudvista and Cloudwander. Furthermore, new key accounts across Europe and North America have also contributed to this growth. Net sales generated by the wholesale sales channel as a percentage of net sales increased to 65.4% for the nine-month period ended September 30, 2022, from 64.2% for the nine-month period ended September 30, 2021.</font></div><div style="text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net sales generated by the DTC sales channel for the nine-month period ended September 30, 2022 increased by CHF 104.5 million, or 54.7%%, to CHF 295.6 million, compared to CHF 191.1 million for the nine-month period ended September 30, 2021. This was primarily driven by increased traffic on our e-commerce platform as a result of increased brand awareness which continues to grow since the beginning of the COVID-19 pandemic. Net sales generated from the DTC sales channel as a percentage of net sales decreased to 34.6% for the nine-month period ended September 30, 2022 compared to 35.8% for the nine-month period ended September 30, 2021 </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">primarily due to exceptionally high DTC sales in the nine-month period ended September 30, 2021 during the COVID-19 lockdowns in Europe.</font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">5</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Net sales by geography</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents net sales by geographic region (based on the location of the counterparty)&#58;</font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Europe</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">116,468&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">88,342&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">31.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">274,702&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">216,262&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">27.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">North America</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">176,260&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">112,186&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">57.1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">496,374&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">276,129&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">79.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Asia-Pacific</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">24,246&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">13,094&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">85.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">58,597&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">32,140&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">82.3&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Rest of World</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">11,039&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4,416&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">150.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">25,683&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">8,960&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">186.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net Sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">328,013</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">218,037</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">50.4%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">855,356</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">533,492</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">60.3%</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Europe % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">35.5&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">40.5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">32.1&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">40.5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">North America % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">53.7&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">51.5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">58.0&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">51.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Asia-Pacific % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7.4&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6.9&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Rest of World % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3.4&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3.0&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net sales %</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Three-month period ended September 30, 2022 compared to the three-month period ended September 30, 2021</font></div><div style="text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net sales increased across all geographic regions for the three-month period ended September 30, 2022, with Asia-Pacific and Rest of World showing particularly strong growth. Net sales in North America for the three-month period ended September 30, 2022 increased by 57.1% and reflects 53.7% of total net sales. This growth was primarily due to volume growth driven by the continued increase in brand awareness, partially offset by the temporary constraints in our United States East Coast warehouse described above. Net sales in Europe for the three-month period ended September 30, 2022 increased by 31.8%, despite the weaker Euro and Pound versus the Swiss Franc. The increase in Europe was driven by wholesale, largely as a result of the elevated DTC share in the prior year period due to the extended lockdowns in 2021 in many European countries. Net sales in Asia-Pacific for the three-month period ended September 30, 2022 increased by 85.2%, primarily driven by the strong rebound in China following the prolonged lockdowns during the second quarter of 2022. Net sales in the Rest of World for the three-month period ended September 30, 2022 increased by 150.0% due to the successful entry into new markets in Latin America and continued growth in Mexico, UAE and Israel. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Nine-month period ended September 30, 2022 compared to the nine-month period ended September 30, 2021</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net sales increased across all geographic regions for the nine-month period ended September 30, 2022 with North America, Asia-Pacific and Rest of World growing the fastest. Net sales in North America for the nine-month period ended September 30, 2022 increased by 79.8% and reflects 58.0% of total net sales. The increase in North America was driven by strong demand in both sales channels with Running, All Day and Outdoor products sales growing strongly, and by the successful expansion of our collaboration with key accounts and specialty stores in the region. Net sales in Europe for the nine-month period ended September 30, 2022 increased by 27.0%. The increase in Europe was driven by a strong performance in markets such as the United Kingdom, France and Germany, partially reduced by the weaker GBP and Euro versus the Swiss Franc. Net sales in Asia-Pacific for the nine-month period ended September 30, 2022 increased by 82.3%, driven by strong growth in Japan, Australia and China. China had been negatively impacted by store and warehouse closures due to COVID-19 lockdowns for the majority of the second quarter, though has seen a strong recovery since re-opening in both retail and e-commerce channels. Net sales in the Rest of World for the nine-month period ended September 30, 2022 increased by 186.6%, particularly driven by growth in Mexico, UAE and Israel. </font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">6</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Net sales by product</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents net sales by product group&#58;</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Shoes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">310,892&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">205,023&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">51.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">814,016&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">503,559&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">61.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Apparel</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">15,234&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">11,508&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">32.4&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">35,797&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">26,358&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">35.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Accessories</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,887&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,506&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">25.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5,544&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,575&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">55.1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net Sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">328,013</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">218,037</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">50.4</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">855,356</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">533,492</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">60.3</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Shoes % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">94.8&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">94.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">95.2&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">94.4&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Apparel % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4.6&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5.3&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4.2&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Accessories % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.6&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.6&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net sales %</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">100.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Three-month period ended September 30, 2022 compared to the three-month period ended September 30, 2021</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net sales increased across all product groups with shoes experiencing the largest growth. The increase in net sales for shoes for the three-month period ended September 30, 2022 compared to the three-month period ended September 30, 2021 was driven by new in-quarter releases such as the new Cloudgo, Cloudwander and Cloudeasy, recently launched running and outdoor models such as the Cloudmonster, Cloudrunner and the Cloudvista as well as our performance All-day Cloudnova and Roger franchises. The increase in net sales for apparel for the three-month period ended September 30, 2022 was driven by our own retail stores, shop-in-shop environments, and e-com business where we observed a heightened apparel share of total sales. Part of this growth can also be attributed to the launch of the new active, climate and bra collection. Lastly, Accessories grew 25.2% compared to the first three months ended September 30, 2021 to CHF 1.9 million.</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Nine-month period ended September 30, 2022 compared to the nine-month period ended September 30, 2021</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Net sales increased across all product groups with shoes and accessories experiencing the largest growth. The increase in net sales for shoes for the nine-month period ended September 30, 2022 compared to the nine-month period ended September 30, 2021 was well balanced across new launches, updates to existing models and carry over product. The increase was driven by new releases in the year such as the new Cloud 5, new running blockbusters including the Cloudmonster, Cloudrunner and Cloudgo as well as our performance all day Cloudnova and Roger franchises.  The increase in net sales for apparel for the nine-month period ended September 30, 2022 was driven by our own retail stores and shop-in-shop environments, where we observed a heightened apparel share of total sales. Part of this growth can also be attributed to the launch of the new active, climate and bra collection. Accessories grew 55.1% compared to the first nine months ended September 30, 2021 to CHF 5.5 million.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">7</font></div></div></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_22"></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Gross Profit</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Gross profit</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">187,408&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">131,288&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">42.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">470,321&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">318,467&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">47.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Gross profit margin</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">57.1&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">60.2&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">55.0&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">59.7&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Three-month period ended September 30, 2022 compared to the three-month period ended September 30, 2021</font></div><div style="text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Cost of sales during the three-month period ended September 30, 2022 increased by CHF 53.9 million, or 62.1%, to CHF 140.6 million, compared to CHF 86.7 million during the three-month period ended September 30, 2021. Gross profit was CHF 187.4 million for the three-month period ended September 30, 2022, representing a gross margin of 57.1%, compared with CHF 131.3 million for the three-month period ended September 30, 2021, representing a gross margin of 60.2%. The decrease in gross margin was driven by the continued, though significantly reduced, use of airfreight to ensure key product availabilities and to meet the continued strong demand. Besides this planned use of airfreight, pressure on gross profit margin came from unfavorable foreign exchange development. Given our cost of sales expenses are almost all denominated in USD, the gross margin is negatively impacted by the strong USD and weak Euro in relation to CHF.</font></div><div style="padding-left:35.43pt;text-align:justify;text-indent:-35.44pt"><font><br></font></div><div style="padding-left:35.43pt;text-align:justify;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Nine-month period ended September 30, 2022 compared to the nine-month period ended September 30, 2021</font></div><div style="text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cost of sales during the nine-month period ended September 30, 2022 increased by CHF 170.0 million, or 79.1%, to CHF 385.0 million, compared to CHF 215.0 million during the nine-month period ended September 30, 2021. Gross profit was CHF 470.3 million for the nine-month period ended September 30, 2022, representing a gross margin of 55.0%, compared with CHF 318.5 million for the nine-month period ended September 30, 2021, representing a gross margin of 59.7%. The decrease </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">in gross margin was largely driven by the strategic decision to use airfreight to ensure key product availabilities and to meet the continued strong demand. Additional pressure on gross margin came from an ongoing foreign exchange headwind from the strong USD and the weak Euro versus CHF, given our cost of sales expenses are almost all denominated in USD.</font></div><div style="padding-left:35.43pt;text-indent:-35.44pt"><font><br></font></div><div style="padding-left:35.43pt;text-indent:-35.44pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_25"></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Selling, General and Administrative Expenses</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:40.827%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.754%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.754%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.665%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.754%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.754%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.672%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">328,013</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">218,037</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">50.4%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">855,356</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">533,492</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">60.3%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Distribution expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(40,130)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(30,257)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">32.6%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(107,111)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(70,658)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">51.6%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Selling expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(20,007)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(15,716)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">27.3%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(56,031)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(37,934)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">47.7%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Marketing expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(33,817)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(25,441)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">32.9%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(96,703)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(67,415)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">43.4%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation income&#47;(expense)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1,930)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(2,360)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(18.2)%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">605</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(22,251)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">102.7%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">General and administrative expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(50,836)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(33,634)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">51.1%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(140,681)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(83,848)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">67.8%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">SG&#38;A expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(146,720)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(107,407)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">36.6%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(399,920)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(282,106)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">41.8%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Less share-based compensation income&#47;(expense)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1,930)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(2,360)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(18.2)%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">605</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(22,251)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">102.7%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">SG&#38;A (excluding share-based compensation)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(144,790)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(105,047)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">37.8%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(400,525)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(259,855)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">54.1%</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Distribution expenses % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">12.2&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">13.9&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">12.5&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">13.2&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Selling expenses % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6.1&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7.2&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6.6&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7.1&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Marketing expenses % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">10.3&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">11.7&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">11.4&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">12.6&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.6&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1.1&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(0.1)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4.3&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">General and administrative expenses % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">15.4&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">15.4&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">16.4&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">15.7&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">SG&#38;A expenses % of Net sales</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">44.7</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">49.3</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">46.8</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">52.9</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">8</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Three-month period ended September 30, 2022 compared to the three-month period ended September 30, 2021</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">SG&#38;A expenses for the three-month period ended September 30, 2022 increased by CHF 39.3 million, or 36.6%, to CHF 146.7 million, compared to CHF 107.4 million for the three-month period ended September 30, 2021. Excluding share-based compensation, SG&#38;A expenses as a percentage of net sales decreased to 44.1% in the three-month period ended September 30, 2022 compared to 48.2% for the three-month period ended September 30, 2021. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-indent:36pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">SG&#38;A expenses were impacted by the following factors&#58;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.35pt">Distribution expenses as a percentage of net sales decreased to 12.2% during the three-month period ended September 30, 2022</font><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> compared to 13.9% during the three-month period ended September 30, 2021. The decrease was driven by increased efficiency of distribution teams which led to scale gains.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.35pt">Selling expenses as a percentage of net sales of 6.1% during the three-month period ended September 30, 2022 decreased compared to 7.2% during the three-month period ended September 30, 2021. This was mainly driven by scale gains in connection with more efficient setups of sales teams, a lower bad debt provision  as well as lower payment processing fees, consistent with a lower net sales share in DTC compared to prior year. </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.35pt">Marketing expenses as a percentage of net sales decreased to 10.3% during the three-month period ended September 30, 2022 compared to 11.7% during the three-month period ended September 30, 2021. The reduction as percentage of net sales was primarily driven by one-off investments in 2021 on global brand campaigns while continuing investments in brand building and sports marketing. </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.35pt">Share-based compensation expense as a percentage of net sales decreased to 0.6% during the three-month period ended September 30, 2022 compared to 1.1% during the three-month period ended September 30, 2021. The share-based compensation expense in the third quarter of 2022 mainly relates to the continue vesting of previously granted equity awards.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.35pt">General and administrative expenses as a percentage of net sales remained consistent at 15.4% during the three-month period ended September 30, 2022 compared to 15.4% during the three-month period ended September 30, 2021. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Nine-month period ended September 30, 2022 compared to the nine-month period ended September 30, 2021</font></div><div style="padding-left:35.43pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">SG&#38;A expenses for the nine-month period ended September 30, 2022 increased by CHF 117.8 million, or 41.8%, to CHF 399.9 million, compared to CHF 282.1 million for the nine-month period ended September 30, 2021. Excluding share-based compensation, SG&#38;A expenses as a percentage of net sales decreased to 46.8% in the nine-month period ended September 30, 2022 compared to 48.7% for the nine-month period ended September 30, 2021. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-indent:36pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">SG&#38;A expenses were impacted by the following factors&#58;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:22.85pt">Distribution expenses as a percentage of net sales decreased to 12.5% during the nine-month period ended September 30, 2022 compared to 13.2% during the nine-month period ended September 30, 2021. The decrease was driven by some stabilization of labor market volatility in 2022 as compared to labor shortages and wage inflation experienced in 2021, particularly in North America.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:22.85pt">Selling expenses as a percentage of net sales decreased to 6.6% during the nine-month period ended September 30, 2022 compared to 7.1% during the nine-month period ended September 30, 2021.</font><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This was mainly driven by scale gains in connection with more efficient setups of sales teams.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.35pt">Marketing expenses as a percentage of net sales decreased to 11.4% during the nine-month period ended September 30, 2022 compared to 12.6% during the nine-month period ended September 30, 2021. This reduction as % of net sales was primarily driven by one-off investments in 2021 on global brand campaigns while continuing investments in brand building and sports marketing.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.35pt">Share-based compensation expenses as a percentage of net sales decreased to (0.1)% during the nine-month period ended September 30, 2022 from 4.3% during the nine-month period ended September 30, 2021. The decrease was primarily due to the vesting of nearly all outstanding grants, triggered by the IPO. Additional grants are expected in the fourth quarter of 2022.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:56.69pt;text-align:justify;text-indent:-28.35pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:22.85pt">General and administrative expenses as a percentage of net sales increased to 16.4% during the nine-month period ended September 30, 2022 compared to 15.7% during the nine-month period ended September 30, 2021. This increase was primarily due to personnel related costs following an increase in administrative headcount to support the Company's growth, the resumption of Company's business travels post COVID-19 to foster relationships with customers and partners as well as additional general and administrative expenses as a public company.  </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:20.69pt;text-align:justify;text-indent:-10.35pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:20.69pt;text-align:justify;text-indent:-10.35pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">9</font></div></div></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_28"></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Depreciation and Amortization</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">13,720&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7,716&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">77.8&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">33,676&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">19,392&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">73.7&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Three-month and nine-month periods ended September 30, 2022 compared to the three-month and nine-month periods ended September 30, 2021</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Depreciation and amortization expenses during the three-month period ended September 30, 2022 increased by CHF 6.0 million, or 77.8%, to CHF 13.7 million, compared to CHF 7.7 million during the three-month period ended September 30, 2021. Depreciation and amortization expenses during the nine-month period ended September 30, 2022 increased by CHF 14.3 million, or 73.7%, to CHF 33.7 million, compared to CHF 19.4 million during the nine-month period ended September 30, 2021. The increase in depreciation and amortization for the three and nine-month period ended September 30, 2022 was primarily attributable to the continuous investments into IT (specifically our new global ERP system), own retail stores, as well as our offices. The increase is also attributed to the change in the estimated useful life of production tools during the third quarter of 2022.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Under </font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">IFRS 16</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Leases, right of use assets are depreciated over their estimated useful life. Total depreciation expense for right of use assets capitalized under IFRS 16 was CHF 7.0 million and CHF 4.6 million for the three-month period ended September 30, 2022 and 2021, respectively. Total depreciation expense for right of use assets capitalized under IFRS 16 was CHF 17.8 million and CHF 10.5 million for the nine-month periods ended September 30, 2022 and 2021, respectively. The increase in the three-month and nine-month period was primarily attributable to depreciation and amortization of our new global headquarters office located in Zurich, Switzerland.</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_31"></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Net Financial Result</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Financial income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,850&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">36635.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,274&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">18&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">18150.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Financial expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(2,465)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(674)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">265.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(5,500)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(2,218)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">148.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Foreign exchange results</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(15,327)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(5,021)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">205.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">34,135&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(2,723)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1353.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net financial result</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(15,942)</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(5,690)</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">180.2</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">31,909</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(4,922)</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">748.3</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Three-month and nine-month periods ended September 30, 2022 compared to the three-month and nine-month periods ended September 30, 2021</font></div><div style="text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial income for the three-month period ended September 30, 2022 increased by CHF 1.8 million, to CHF 1.9 million when compared to the three-month period ended September 30, 2021. Financial income for the nine-month period ended September 30, 2022 increased by CHF 3.3 million, to CHF 3.3 million, when compared to the nine-month period ended September 30, 2021. The increase in the three and nine-month periods ended September 30, 2022 is all attributable to money market investments which commenced during December 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial expenses for the three-month period ended September 30, 2022 increased by CHF 1.8 million, or 265.7%, to CHF 2.5 million, compared to CHF 0.7 million for the three-month period ended September 30, 2021. Financial expenses for the nine-month period ended September 30, 2022 increased by CHF 3.3 million, or 148.0%, to CHF 5.5 million, compared to CHF 2.2 million for the nine-month period ended September 30, 2021. The increase in the three and nine-month periods ended September 30, 2022 was primarily driven by increased interest expense associated with newly contracted leases.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Foreign exchange results for the three-month period ended September 30, 2022 decreased by CHF 10.3 million to CHF (15.3) million, compared to CHF (5.0) million for the three-month period ended September 30, 2021. Foreign exchange results for the nine-month period ended September 30, 2022 increased by CHF 36.9 million to CHF 34.1 million, compared to CHF (2.7) million for the nine-month period ended September 30, 2021. The increase in the foreign exchange losses for the three-month period ended September 30, 2022 was primarily due to the negative effect generated from the fluctuation in the exchange rate exposure related to our cash and cash equivalents, in particular the CHF&#47;USD, CHF&#47;EUR, CHF&#47;CNY, CHF&#47;JPY and CHF&#47;GBP </font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">10</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">exchange rates. The increase in the foreign exchange results for the nine-month period ended September 30, 2022 was primarily due to the positive effect generated from the fluctuation in the exchange rate exposure related to our cash and cash equivalents, in particular the CHF&#47;USD exchange rate. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-indent:36pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_34"></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Income Taxes</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6,925&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,708&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">21.33&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">25,176&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">11,205&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">124.69&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,809)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(509)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">451.82&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,989)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,483&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(300.66)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,116</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,199</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(20.82)</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">18,187</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">14,688</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">23.82</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">%</font></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes during the three-month period ended September 30, 2022 decreased by CHF 1.1 million to CHF 4.1 million, compared to CHF 5.2 million during the three-month period ended September 30, 2021. Our effective income tax rate was 16.6% for the three-month period ended September 30, 2022 compared to 28.6% for the three-month period ended September 30, 2021. Income taxes during the nine-month period ended September 30, 2022 increased by CHF 3.5 million to CHF 18.2 million, compared to CHF 14.7 million during the nine-month period ended September 30, 2021. Our effective income tax rate was 17.8% for the nine-month period ended September 30, 2022 compared to 46.7% for the nine-month period ended September 30, 2021. Current income taxes increased in parallel with the improved earnings before taxes, but at a lower effective tax rate. The decrease in the effective tax rate was largely attributable to a disproportional increase of pre-tax earnings in jurisdictions with lower tax rates and tax incentives in Switzerland, the application of which depends on achieving a certain level of profitability. Deferred taxes decreased primarily as a result of reversal effects attributable to the utilization of carryforwards tax losses.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_37"></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Liquidity and Capital Resources</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:28pt;font-weight:700;line-height:120%"> </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our primary need for liquidity is to fund working capital requirements, capital expenditures, lease obligations and for general corporate purposes. We finance our liquidity needs using a combination of cash and cash equivalents balances, cash provided from operating activities and, to a lesser extent, available borrowings under our bank overdraft and credit facilities. Historically, our operations were also financed by equity raises and the completion of an IPO in September 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_40"></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Cash Flows</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.384%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.222%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash (outflow) from operating activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(157,100)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(8,473)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1754.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash (outflow) from investing activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(49,290)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(20,355)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">142.1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash inflow from financing activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">10,010&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">609,427&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(98.4)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net cash and cash equivalents at the beginning of the period </font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">653,081&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">90,595&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">620.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Change in net cash and cash equivalents</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(196,379)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">580,600&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(133.8)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net impact of foreign exchange rate differences</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">36,282&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">927&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3812.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Net cash and cash equivalents</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">492,984&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">672,122&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(26.7)</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr></table></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:139%;position:relative;top:-3.5pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%"> Net cash and cash equivalents as at September 30, 2022 includes restricted cash in the amount of CHF 137.1 million (September 30, 2021&#58; 0)</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Operating activities </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash outflow from operating activities was CHF 157.1 million in the nine-month period ended September 30, 2022, compared to CHF 8.5 million cash outflow from operating activities in the nine-month period ended September 30, 2021. Cash outflow of CHF 157.1 million for the nine-month period ended September 30, 2022 is due to an increase in net working capital and other current assets &#47;liabilities of CHF 186.1 million and CHF 34.6 million, respectively and income tax payments of CHF 27.5 million, offset by an increase of CHF 87.8 million generated by net income adjusted for non-cash items and CHF 3.2 million in interest received. Net working capital increase in the nine-month period ended September 30, 2022 was primarily driven by CHF 74.9 million increase in accounts receivable as a result of the net sales growth within the wholesale channel and CHF 123.0 million increase in inventories required for the spring-summer season 2023. Cash outflow from operating activities of CHF 8.5 million in the nine-month period ended September 30, 2021 was primarily driven by an increase of CHF 76.5 million generated by net income in the period adjusted for non-cash items and CHF 1.0 related to other current assets &#47; liabilities, offset by an increase to net working capital of CHF 83.8 million and income tax payments of CHF 2.2 million. Net working capital increase for the nine-month period ended September 30, 2021 was primarily driven by CHF 51.2 million increase in accounts receivable, CHF 40.9 million increase in inventories, and CHF 8.4 million decrease in trade payables.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:20.69pt;text-align:justify;text-indent:-10.35pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Investing activities </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash outflow from investing activities was CHF 49.3 million in the nine-month period ended September 30, 2022 compared to CHF 20.4 million cash outflow in the nine-month period ended September 30, 2021. Cash outflow of CHF 49.3 million for the nine-month period ended September 30, 2022 primarily related to CHF 43.7 million in investments of physical assets and CHF 5.6 million in investments of intangible assets. Cash outflow from investing activities of CHF 20.4 million for the nine-month period ended September 30, 2021 was primarily driven by CHF 12.0 million in investments in physical assets and CHF 8.1 million in investments of intangible assets.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:20.69pt;text-align:justify;text-indent:-10.35pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Financing activities </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash inflow from financing activities was CHF 10.0 million in the nine-month period ended September 30, 2022 compared to cash inflow from financing activities of CHF 609.4 million in the nine-month period ended September 30, 2021. Cash inflow from financing activities of CHF 10.0 million for the nine-month period ended September 30, 2022 is primarily due to CHF 24.7 million </font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">12</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">in proceeds received for the sale of treasury shares to selected employees in connection with share-based compensation awards, offset by CHF 10.4 million and CHF 4.3 million, related to lease liabilities payments and interest paid, respectively. Cash inflow from financing activities of CHF 609.4 million for the nine-month period ended September 30, 2021 was primarily driven by the proceeds from our IPO of CHF 618.3 million, offset by CHF 6.9 million for payments made related to lease liabilities recorded under IFRS 16 and CHF 1.6 million for interest paid in the period.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_43"></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Net Working Capital</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net working capital is a financial measure that is not defined under IFRS. We use and believe that certain investors and analysts use this information to assess liquidity and management use of net working capital resources. We define net working capital as trade receivables, plus inventories, minus trade payables. This measure should not be considered in isolation or as a substitute for any standardized measure under IFRS.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other companies in our industry may calculate this measure differently than we do, limiting its usefulness as a comparative measure.</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.384%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.389%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:15.050%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">As of September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">As of December 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Accounts receivables</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">178,241&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">99,264&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">79.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Inventories</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">262,451&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">134,178&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">95.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Trade payables</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(58,141)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(45,939)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">26.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net working capital</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">382,552</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">187,503</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">104.0</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_46"></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Capital Management</font></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.384%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.222%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">As of September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">As of December 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">As of September 30, 2022&#58; </font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">CHF 0.10 nominal value, 299,998,125 Class A Ordinary Shares issued of which 281,487,799 were outstanding</font></div><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">As of December 31, 2021&#58;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> CHF 0.10 nominal value, 299,998,125 Class A Ordinary Shares issued of which 276,863,619 were outstanding</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">30,000&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">30,000&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">As of September 30, 2022&#58;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> CHF 0.01 nominal value, 345,437,500 Class B voting rights shares issued and outstanding</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,454&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,454&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Share capital</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">33,454</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">33,454</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(26,146)</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(25,035)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">4.4</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share premium</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">756,883&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">756,883&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Statutory reserves</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">32,440&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">10,976&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">195.6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Equity transaction costs</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(7,456)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(7,456)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">286,267&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">283,584&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">0.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Capital reserves</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1,068,133</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1,043,987</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2.3</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Other reserves</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1,970</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(3,422)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">157.6</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Accumulated losses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(116,482)</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(200,604)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">(41.9)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:1.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Equity</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:1.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">960,929</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:1.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:1.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">848,379</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:1.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">13.3</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-bottom:1.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr></table></div><div style="margin-top:3pt;text-indent:36pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">13</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:63.222%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.217%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.221%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Class A Shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Class B Shares</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Shares issued and outstanding as of January 1, 2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">276,863,619</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sale of treasury shares related to share-based compensation</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,673,442&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchase of treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(49,262)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Shares issued and outstanding as of September 30, 2022</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">281,487,799</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Awards granted under various incentive plans not yet exercised or distributed at September 30, 2022</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,485,831</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Awards granted under various incentive plans with dilutive effects at September 30, 2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,650,192</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">6,460,989</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;As of September 30, 2022 there were 18,510,326 treasury shares held by On (December 31, 2021&#58; 23,134,506).</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;These awards require little or no further consideration to be exercised, and as such, have been included in the weighted average number of ordinary shares outstanding used to calculate Basic EPS at September 30, 2022.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:139%;text-decoration:underline">Share-based compensation</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the three-month period ended September 30, 2022 capital reserves were impacted by CHF 22.9&#160;million related to the following share-based compensation plans and programs with an ongoing vesting period for select employees, including our senior management team&#58; </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:36pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226; Long Term Participation Plan 2018    </font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:36pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226; Compensation of non-executive members of our board of directors</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226; Long Term Incentive Plan 2021</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share-based payments are valued based on the grant date fair value of these awards and recorded over the corresponding vesting period.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-indent:36pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_49"></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Indebtedness</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2022, we had three bank overdraft facilities with different lenders with credit limits of up to CHF 100.0 million, CHF 25.0&#160;million and USD 35.0&#160;million, respectively, which expire will in 2025, 2024 and 2023. All bank overdraft facilities are fully committed. The maximum amounts that can be drawn under the respective facilities are determined quarterly based on our net working capital. Any amounts drawn in excess of the committed amounts are repayable on demand. As</font><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">of both</font><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">September 30, 2022</font><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and December&#160;31, 2021, no amounts had been drawn under the overdraft facilities.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the third quarter of 2022, as a result of a third party logistics and warehouse services agreement (discussed below under &#8220; &#8211; Contractual Obligations and Commitments&#34;), we entered into an uncommitted credit facility with a financial institution for USD 133 million, which is secured by CHF 137.1 million cash and cash equivalents as collateral (restricted cash).  </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_52"></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Contractual Obligations and Commitments</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following summarizes the significant contractual obligations and commitments as of September 30, 2022&#58;</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.609%"><tr><td style="width:1.0%"></td><td style="width:29.357%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.322%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.762%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.322%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.762%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.322%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.762%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.322%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.769%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="21" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">As of September 30, 2022</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Total</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Less than 1 <br>year</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1 to 5 <br>Years</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">More than 5 <br>years</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Purchase obligations</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">58,141</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">58,141</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Current bank overdrafts</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">407</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">407</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Lease liabilities</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">429,937</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">22,762</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">143,390</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">263,785</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Other financial liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6,392</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6,392</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Lease commitments</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(3)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">29,799</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">445</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7,131</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">22,223</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Total contractual obligations</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">524,675</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">88,147</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">150,520</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">286,008</font></td></tr></table></div><div style="margin-top:3pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">14</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;Purchase obligations refer to an agreement to purchase goods or services that is enforceable and legally binding on the registrant that specifies all significant terms. The figures presented comprise of trade payables as of September 30, 2022.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;Lease liabilities are related to storage space, various offices, retail stores, showrooms and cars. The lease commitments as of September 30, 2022 relate to the new On headquarters in Zurich, Switzerland and warehouses located in Switzerland, Luxembourg and U.S. that have now commenced and are therefore presented as such on the balance sheet.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)&#160;&#160;&#160;&#160;We have committed ourselves to several new lease contracts, which have not yet commenced as of September 30, 2022, and are therefore not required to be recognized on our balance sheet. The majority of the future lease commitments relate to new retail stores, offices and warehouse contracts.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the third quarter of 2022, we entered into a twelve-year (two-year ramp-up and 10-year duration) third party logistics and warehouse services agreement for a highly automated and new fulfillment center in Atlanta (USA), to facilitate our future omnichannel growth in North America and lower our handling cost over time through automation. The associated contractual commitments and investments made by the third party as a result of the logistics and warehouse service agreement is secured by a bank guarantee obtained in the amount of USD 133 million, which will reduce over the term of the agreement, beginning the day after December 31, 2029. Simultaneously, we entered into an uncommitted credit facility with a financial institution for USD 133 million, which is secured by CHF 137.1 million cash and cash equivalents as collateral (restricted cash).</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_55"></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt;padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Off-Balance Sheet Arrangements</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2022 and December&#160;31, 2021, we provided guarantees in the amount of CHF 133.3 million and </font><font style="background-color:#ffffff;color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2.9</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> CHF million, respectively in favor of third parties. The increase of CHF 130.4 million is primarily due to the bank guarantee associated with the third party logistics and warehouse service agreement (discussed above under &#8220; &#8211; Contractual Obligations and Commitments&#34;). Other than those items disclosed here and elsewhere in this document, we do not have any material off-balance sheet arrangements or commitments as of September 30, 2022.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:18pt;text-indent:18pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">15</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:18pt;text-indent:18pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_58"></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Non-IFRS Measures</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS and net working capital are financial measures that are not defined under IFRS. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We use these non-IFRS measures when evaluating our performance, including when making financial and operating decisions, and as a key component in the determination of variable incentive compensation for employees. Additionally, we believe these non-IFRS measures enhance an investor&#8217;s understanding of our financial and operating performance from period to period, because certain measures, such as adjusted EBITDA, exclude certain material items relating to share-based compensation and foreign exchange impact which are not reflective of our ongoing operations and performance. In particular, we believe adjusted EBITDA, adjusted EBITDA margin and adjusted net income and net working capital are measures commonly used by investors to evaluate companies in the sportswear industry. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">However, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic EPS, adjusted diluted EPS or net working capital should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with IFRS and may not be comparable to similarly titled non-IFRS measures used by other companies. The tables below reconcile each non-IFRS measure to its closest IFRS measure.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-indent:27pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Adjusted EBITDA and Adjusted EBITDA Margin</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below provides a reconciliation between net income &#47; (loss) and adjusted EBITDA for the periods presented. Adjusted EBITDA margin is equal to adjusted EBITDA for the period presented as a percentage of net sales for the same period.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font><br></font></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:29.699%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.909%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.912%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">% Change</font></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">20,631</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">12,993</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">58.8</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">84,122</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">16,751</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">402.2</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Exclude the impact of&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4,116&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5,199&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(20.8)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">18,187&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">14,688&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">23.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Financial income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1,850)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(5)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">36635.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(3,274)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(18)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">18150.9&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Financial expenses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,465&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">674&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">265.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,218&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">148.0&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Foreign exchange result</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">15,327&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">5,021&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">205.2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(34,135)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,723&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1353.8)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">13,720&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7,716&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">77.8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">33,676&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">19,392&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">73.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,930&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,360&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(18.2)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(605)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">22,251&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(102.7)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Equity transaction costs</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,974&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(100.0)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">7,225&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(100.0)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">56,339</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">37,932</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">48.5</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">103,471</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">85,230</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">21.4</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">%</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Adjusted EBITDA Margin</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">17.2&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">17.4&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1.3)</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">12.1&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">16.0&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(24.3)</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">%</font></td></tr></table></div><div style="padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1)&#160;&#160;&#160;&#160;Represents the foreign exchange impact within the net financial result. We do not consider this income reflective of the operating performance of the business. For further discussion of the impact of foreign currency fluctuations please see section above titled &#8220;Net Financial Result.&#8221;</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;Represents non-cash share-based compensation expense. We do not consider these expenses reflective of the operating performance of the business.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">16</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="padding-left:35.43pt;text-indent:-35.44pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:11pt;font-weight:700;line-height:139%">Adjusted Net Income, Adjusted EPS and Adjusted Diluted EPS</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We use Adjusted Net Income, Adjusted EPS and Adjusted Diluted EPS as measures of operating performance in conjunction with related IFRS measures.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted EPS is used in conjunction with other non-IFRS measures and excludes certain items (as listed below) from the calculation in order to increase comparability of the metric from period to period, which we believe makes it useful for management, our audit committee and investors to assess our financial performance over time.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Diluted earnings per share (EPS) is calculated by dividing net income by the weighted average number of ordinary shares outstanding during the period on a fully diluted basis. For the purpose of operational performance measurement, we calculate Adjusted Net Income, Adjusted EPS and Adjusted Diluted EPS in a manner that fully excludes the impact of any costs related to share-based compensation and includes the tax effect on the tax deductible portion of the non-IFRS adjustments.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below provides a reconciliation between Net income &#47; (loss) to Adjusted Net Income, Adjusted EPS and Adjusted Diluted EPS for the periods presented&#58;</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:36pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.869%"><tr><td style="width:1.0%"></td><td style="width:29.538%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.724%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="21" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands, except per share data)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class B</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class B</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">18,384</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2,247</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">11,418</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1,575</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Exclude the impact of&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,720&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">210&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,074&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">286&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Equity transaction costs</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,492&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">481&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Tax effect of adjustments</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(251)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(31)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(728)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(100)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">19,853</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2,426</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">16,256</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2,242</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Number of shares at beginning of period</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">282,429,259&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">245,740,000&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Number of shares at end of period</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">282,973,630&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">274,998,125&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Weighted number of outstanding shares</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">282,649,491</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">250,510,346</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Weighted number of shares with dilutive effects</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,847,761&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6,460,989&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">3,568,037&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Weighted number of outstanding shares (diluted and undiluted)</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(3)(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">284,497,253</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">351,898,489</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">254,078,383</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Basic EPS (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.07</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.007</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.06</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.006</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Diluted EPS (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.07</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.007</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.06</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.006</font></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;Represents non-cash share-based compensation expense. We do not consider these expenses reflective of the operating performance of the business.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;The tax effect has been calculated by applying the local tax rate on the tax deductible portion of the respective adjustments.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)&#160;&#160;&#160;&#160;Weighted number of outstanding shares (diluted and undiluted) are presented herein in order to calculate Adjusted EPS for such periods.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)&#160;&#160;&#160;&#160;Original share numbers in 2021 have been multiplied by 1,250 to give effect to the Share Capital Reorganization that took place in 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">17</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.869%"><tr><td style="width:1.0%"></td><td style="width:29.538%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.724%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="21" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands, except per share data)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2021</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class B</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Class B</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">74,939</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">9,183</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">15,527</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1,224</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Exclude the impact of&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Share-based compensation</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(539)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(66)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">20,625&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">1,626&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Equity transaction costs</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6,697&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">528&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Tax effect of adjustments</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">486&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">60&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(1,233)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(97)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">74,887</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">9,177</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">41,616</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">3,281</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Number of shares at beginning of period</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">279,467,285&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">271,438.75&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Number of shares at end of period</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">282,973,630&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437,500&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">274,998.13&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">345,437.50&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Weighted number of outstanding shares</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">281,890,709</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">345,437,500</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">259,967.28</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">204,984.89</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Weighted number of shares with dilutive effects</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">2,535,820&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">6,961,178&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">4,289.76&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Weighted number of outstanding shares (diluted and undiluted)</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">(3)(4)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">284,426,529</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">352,398,678</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">264,257.04</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">204,984.89</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Basic EPS (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.27</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.027</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.16</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.016</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Adjusted Diluted EPS (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.26</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.026</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.16</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">0.016</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;Represents non-cash share-based compensation expense. We do not consider these expenses reflective of the operating performance of the business.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;The tax effect has been calculated by applying the local tax rate on the tax deductible portion of the respective adjustments.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)&#160;&#160;&#160;&#160;Weighted number of outstanding shares (diluted and undiluted) are presented herein in order to calculate Adjusted EPS as Adjusted Net Income for such periods.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)&#160;&#160;&#160;&#160;Original share numbers in 2021 have been multiplied by 1,250 to give effect to the Share Capital Reorganization that took place in 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_61"></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">New Accounting Pronouncements</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">There have been no material changes related to recently issued or adopted accounting standards from those disclosed in our consolidated financial statements for the year ended December 31, 2021, included in our Annual Report and filed with the United States Securities and Exchange Commission on Form 20-F and available at www.sec.gov.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_64"></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Critical Accounting Policies</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">There have been no material changes to the key estimates, assumptions and judgments from those disclosed in our consolidated financial statements for the year ended December 31, 2021, included in our Annual Report and filed with the United States Securities and Exchange Commission on Form 20-F and available at www.sec.gov.</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_67"></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Risk Factors</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Please see our risk factors as set out in our Annual Report filed with the United States Securities and Exchange Commission on Form 20-F and available at www.sec.gov.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">18</font></div></div></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_70"></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Special Note Regarding Forward-Looking Statements</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:27pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This management discussion &#38; analysis contains statements that may constitute &#8220;forward-looking&#8221; statements pursuant to the &#8220;safe harbor&#8221; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#8220;will&#8221;, &#8220;expects&#8221;, &#8220;anticipates&#8221;, &#8220;aims&#8221;, &#8220;future&#8221;, &#8220;intends&#8221;, &#8220;plans&#8221;, &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;likely to&#8221; and similar statements. Among other things, On&#8217;s quotations from management in this announcement, as well as On&#8217;s strategic and operational plans, contain forward-looking statements. On may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission (&#8220;SEC&#8221;), in its Annual Report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about On&#8217;s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following&#58; our ability to maintain the value and reputation of our brand&#59; the current COVID-19 coronavirus pandemic and related government, private sector, and individual consumer responsive actions&#59; global supply chain challenges in the form of inflationary cost pressures on labor and freight caused by COVID-19&#59; the ongoing conflict between Russia and Ukraine&#59; our highly competitive market and increasing competition&#59; our ability to compete and conduct our business in the future&#59; our ability to anticipate consumer preferences and to continue to innovate and to successfully develop and introduce new, innovative and updated products&#59; the acceptability of our products to customers and our ability to connect with our consumer base&#59; our ability to accurately forecast consumer demand for our products and manage product manufacturing decisions&#59; changes in consumer tastes and shopping preferences and shifts in distribution channels&#59; our international operations&#59; our ability to expand internationally in light of our limited operating experience and limited brand recognition in new international markets&#59; our ability to implement our growth strategy and manage our growth and the increased complexity of our business effectively&#59; our ability to strengthen our direct-to-consumer channel&#59; our ability to successfully open new store locations in a timely manner&#59; seasonality&#59; our third-party suppliers, manufactures and other partners, including their financial stability and our ability to find suitable partners to implement our growth strategy&#59; our reliance on and limited control over third-party suppliers to provide materials for and to produce our products&#59; the operations of many of our suppliers are subject to international and other risks&#59; suppliers or manufacturers not complying with our Vendor Code of Ethics or applicable laws&#59; our ability to deliver our products to the market and to meet consumer expectations if we have problems with our distribution system&#59; our ability to distribute products through our wholesale channel&#59; the availability of qualified personnel and the ability to retain such people&#59; increasing labor costs and other factors associated with the production of our products in South Asia and South East Asia&#59; changes in commodity, material, distribution and other operating costs&#59; rising inflation rates due to material shortages, transportation bottlenecks and rising shipping costs&#59; our ability to safeguard against security breaches with respect to our information technology systems&#59; our compliance with privacy and data protection laws&#59; our reliance on complex IT systems and any material disruption of our information systems, including security breaches&#59; our ability to have technology-based systems function effectively and grow our e-commerce business globally&#59; climate change, and related legislative and regulatory responses&#59; increased scrutiny regarding our environmental, social, and governance&#59; or sustainability responsibilities&#59; an economic recession, depression, or downturn or economic uncertainty in our key markets&#59; global economic, demographic, political and business conditions&#59; health epidemics, pandemics and similar outbreaks, including the COVID-19 pandemic&#59; our ability to source and sell our merchandise profitably or at all if new trade restrictions are imposed or existing trade restrictions become more burdensome&#59; changes in governmental regulations or tax laws, including unanticipated tax liabilities&#59; our ability to comply with trade and other regulations&#59; fluctuations in foreign currency exchange rates&#59; imitation by our competitors&#59; our ability to protect our intellectual property and defend against allegations of violations of third-party intellectual property by us&#59; conflicting trademarks and the prevention of sale of certain products&#59; our exposure to various types of litigation&#59; our generation of net losses in the past and potentially in the future&#59; other factors that may affect our financial condition, liquidity and results of operations&#59; our expectations regarding the time during which we will be an emerging growth company under the JOBS Act and a foreign private issuer&#59; and other risks and uncertainties set out in filings made from time to time with the SEC and available at www.sec.gov, including, without limitation, our most recent reports on Form 20-F and Form 6-K. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law.</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">19</font></div></div></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_280"></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Appendix&#58; Consolidated Financial Information</font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt"><font><br></font></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_286"></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Consolidated interim statements of income &#47; (loss) </font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.087%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.832%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.832%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.832%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.837%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2021</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net sales</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">328,013&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">218,037&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">855,356&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">533,492&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cost of sales</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(140,605)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(86,749)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(385,036)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(215,024)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Gross profit</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">187,408</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">131,288</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">470,321</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">318,467</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Selling, general and administrative expenses</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(146,720)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(107,407)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(399,920)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(282,106)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operating result</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">40,688</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">23,881</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">70,400</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">36,361</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,850&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,274&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">18&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial expenses</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,465)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(674)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,500)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,218)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Foreign exchange result</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(15,327)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,021)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">34,135&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,723)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Income before taxes</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">24,747</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">18,191</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">102,310</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">31,439</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4,116)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,199)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(18,187)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(14,688)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">20,631</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">12,993</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84,123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">16,751</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Earnings per share</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Basic EPS Class A (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.07&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.05&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.27&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.06&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Basic EPS Class B (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.01&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.005&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.03&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.01&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Diluted EPS Class A (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.06&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.04&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.26&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.06&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Diluted EPS Class B (CHF)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.01&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.005&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.03&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.01&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">20</font></div></div></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_302"></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Consolidated interim statements of comprehensive income &#47; (loss) </font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.087%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.832%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.832%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.832%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.837%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2021</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,631&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">12,993&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">84,123&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16,751&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net actuarial result from defined benefit plans</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">533&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,967&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,424&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Taxes on net actuarial result from defined benefit plans</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(105)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(979)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(280)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Items that will not be reclassified to income statement</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">427</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">3,988</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,143</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Exchange differences</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">123&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">838&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,403&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(653)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Items that will be reclassified to income statement when specific conditions are met</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">838</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,403</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(653)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other comprehensive income, net of tax</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,265</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,391</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">490</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">20,753</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">14,258</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">89,514</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">17,241</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">21</font></div></div></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_297"></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Consolidated interim balance sheets </font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:69.993%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.832%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.835%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9&#47;30&#47;2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">12&#47;31&#47;2021</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash and cash equivalents</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">492,984&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">653,081&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">thereof restricted cash</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">137,061&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trade receivables</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">178,241&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">99,264&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Inventories</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">262,451&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">134,178&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other current financial assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">31,217&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">30,054&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other current operating assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">71,680&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">48,024&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Current assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,036,574</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">964,601</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property, plant and equipment</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">66,760&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">34,399&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Right-of-use assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">349,223&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">177,889&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Intangible assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">56,496&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57,464&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred tax assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">22,162&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,171&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Non-current assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">494,641</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">271,923</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,531,214</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,236,524</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trade payables</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">58,141&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45,939&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other current financial liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,326&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,096&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other current operating liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">108,521&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">121,673&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current provisions</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,316&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14,903&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income tax liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,397&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,400&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Current liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">196,701</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">205,011</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Employee benefit obligations</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,704&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,853&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Non-current provisions</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6,425&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,442&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other non-current financial liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">345,993&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">167,228&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred tax liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">19,461&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,611&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Non-current liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">373,584</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">183,133</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share capital</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33,454&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33,454&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(26,146)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(25,035)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Capital reserves</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,068,133&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,043,987&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other reserves</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,970&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3,422)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accumulated losses</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(116,482)</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(200,604)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Equity</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">960,929</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">848,379</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Equity and liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,531,214</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="background-color:#dbdbdb;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,236,524</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">22</font></div></div></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_292"></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Consolidated interim statements of cash flows </font></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:69.993%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.832%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.835%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30,</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2021</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84,123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">16,751</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share-based compensation</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,682&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">22,018&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Employee benefit expenses</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">811&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,091&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Depreciation and amortization</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33,677&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">19,391&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss&#47;(gain) on disposal of assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,795&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income and expenses</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,133&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,608&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net exchange differences</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(45,710)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,432)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">18,187&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14,688&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in provisions</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(8,895)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,351&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in working capital</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trade receivables</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(74,944)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(51,218)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Inventories</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(123,008)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(40,914)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trade payables</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">11,892&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,373&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in other current assets &#47; liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(34,589)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,038&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interests received</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,240&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes paid</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(27,493)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,218)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash inflow &#47; (outflow) from operating activities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(157,100)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(8,473)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchase of tangible assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(43,732)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(12,028)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchase of intangible assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,557)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(8,127)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Investments in non-current financial assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payment of contingent considerations</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(200)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash inflow &#47; (outflow) from investing activities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(49,290)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(20,355)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payments of lease liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(10,385)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,874)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds from issue of shares</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">618,262&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds on sale of treasury shares related to share-based compensation</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">24,710&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Equity transaction costs</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(363)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interests paid</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4,314)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,598)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash inflow from financing activities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">10,010</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">609,427</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Change in net cash and cash equivalents</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(196,379)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">580,600</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash and cash equivalents at January 1</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">653,081&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">90,595&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net impact of foreign exchange rate differences</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">36,282&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">927&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash and cash equivalents at September 30</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">492,984&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">672,122&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:139%;position:relative;top:-3.5pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%"> Net cash and cash equivalents as at September 30, 2022 includes restricted cash in the amount of CHF 137.1 million (September 30, 2021&#58; 0)</font></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">23</font></div></div></div><div id="i97b2aa9bfbb64166afad704a41b5fd1e_307"></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Consolidated interim statements of changes in equity </font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:20pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.795%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.926%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.926%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.926%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.926%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.748%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.933%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="33" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Three-month period ended September 30, 2022 and 2021</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Share capital</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Treasury shares</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Capital reserves</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other reserves</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Accumulated income</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total equity</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at July 1, 2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,242</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">296,827</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(3,885)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(26,619)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">268,565</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">12,993&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">12,993&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,266&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,266&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,266</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">12,993</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">14,258</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Capital increase</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,926&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">615,265&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">618,191&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share-based compensation</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,127&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,127&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Equity transaction costs</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,559)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,559)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share capital reorganization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">28,286&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,500)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(25,786)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at September 30, 2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">33,454</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(2,500)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">881,874</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(2,619)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(13,626)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">896,583</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:27pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at July 1, 2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">33,454</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(26,142)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,063,841</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,847</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(137,113)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">935,887</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,631&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,631&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">123&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">123&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">20,631</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">20,753</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share-based compensation</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">876&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">876&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds from transactions with treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">74&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,238&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,312&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current tax benefit on transactions with treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(822)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(822)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchase of treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(77)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(77)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at September 30, 2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">33,454</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(26,146)</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,068,133</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,970</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(116,482)</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">960,929</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">24</font></div></div></div><hr style="page-break-after:always"><div style="min-height:18pt;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.795%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.926%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.926%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.926%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.926%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.748%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.933%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="33" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nine-month period ended September 30, 2022 and 2021</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(CHF in thousands)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Share capital</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Treasury shares</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Capital reserves</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other reserves</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Accumulated income</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total equity</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at January 1, 2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,172</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">276,408</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(3,109)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(30,377)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">245,093</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16,751&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16,751&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">490&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">490&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">490</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">16,751</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">17,241</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Capital increase</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,997&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">615,265&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">618,262&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share-based compensation</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">22,909&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">22,909&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Equity transaction costs</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,922)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,922)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at September 30, 2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">33,454</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(2,500)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">881,874</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(2,619)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(13,626)</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">896,583</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:29pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at January 1, 2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">33,454</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(25,035)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,043,987</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(3,422)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(200,604)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">848,379</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">84,123&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">84,123&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,392&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,392&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,392</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84,123</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">89,514</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Share-based compensation</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,682&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,682&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds from transactions with treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">468&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">26,244&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">26,712&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current tax benefit on transactions with treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4,780)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4,780)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchase of treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,578)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,578)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at September 30, 2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">33,454</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(26,146)</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,068,133</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,970</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(116,482)</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">960,929</font><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:1.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Helvetica_Neue_LT_W1G_55_Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">25</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
