Recommendation for Appropriation of Earnings

The Board of Directors of HUBER+SUHNER AG recommends to the Annual General Meeting the following appropriation of available earnings for the year 2024:

in CHF 1 000

2024

2023

Prior-year retained earnings

357 978

328 847

Reserve for treasury shares - netting

(81 165)

Net income for the year

55 538

60 519

Total retained earnings

332 351

389 366

Dividend

(35 061)

(31 388)

Total appropriation

(35 061)

(31 388)

Retained earnings carried forward

297 290

357 978

If this recommendation is accepted the following amounts will be valid for each registered share, with a nominal value of CHF 0.25 each:

CHF

CHF

Gross dividend

1.900

1.700

Less 35 % withholding tax

0.665

0.595

Net dividend

1.235

1.105

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