Baloise Holding AG announces that the share buy-back programme started on 4 April 2017 has been completed as per 25 March 2020.

As part of the buy-back programme launched in April 2017, Baloise Holding AG repurchased 3 million registered shares on a separate trading line on the SIX Swiss Exchange at an average price of CHF 160.4. CHF 481 million were thus returned to shareholders. This corresponds to around 6 percent of the share capital of Baloise Holding AG entered in the Commercial Register. The acquired shares were repurchased for the purpose of a capital reduction, less withholding tax.

In accordance with Article 123(1)(c) of the Swiss Financial Market Infrastructure Ordinance (FMIO) the maximum buyback volume per day is 34,529.

Baloise Holding AG announces that the share buy-back programme started on 16 April 2015 has been completed ahead of schedule as per 29 July 2016.

In the course of the share buy-back programme, Baloise Holding AG has acquired 1’000’000 registered shares at an average price of CHF 113.83 on a second trading line on the SIX Swiss Exchange. This corresponds to 2% of the issued share capital of Baloise Holding AG entered in the Commercial Register. Thereby, this share buy-back programme returned CHF 113.83 mn to the shareholders. The acquired shares have been bought back at a price net of the Swiss Federal withholding tax.

42,972 shares (calculated in accordance with Art. 55b(1)(c) of the Swiss Federal Ordinance on Stock Exchanges and Securities Trading).