Board of Directors

Duties:

• Preparation of upcoming resolutions of the Board of Directors relating to the redefinition or amendment of the strategy
• Monitoring of strategic risks and measures
• Assumption of responsibility for mergers, takeovers and sales of companies or portfolios

The Strategy and Governance Committee also ensures good corporate governance at Helvetia Group, provides advice on urgent matters and assumes those duties and powers delegated to it by the Committee and the Chairman.

Current members: Doris Russi Schurter, Dr Hans Künzle, Dr Ivo Furrer, Prof. Dr Christoph Lechner

Duties:

• Provision of proposals for the remuneration structure for the members of the Board of Directors and the Group Executive Management
• Definition of fixed and variable remuneration and compensation of the members of the Executive Management
• Approval of concept and strategy of the employee pension funds in Switzerland
• Preparation of upcoming resolutions of the Board of Directors regarding the appointment and dismissal of members of the Board of Directors
• Provision of proposals for personnel planning and for the appointment and dismissal of the Chairman and members
• Appointment and dismissal of CEOs and members of the Executive Management for all country
  markets
• Application of measures to retain and promote senior managers

Current members: Dr Gabriela Maria Payer, Dr Hans-Jürg Bernet, Prof. Dr Christoph Lechner, Dr Andreas von Planta

Duties:

• Preparation of the investment concept, basic guidelines and investment strategy
• Proposal of strategic asset allocation ranges
• Approval of the investment strategy
• Monitoring of the investment activities of Helvetia Group
• Taking of decisions on investments in the investment area
• Definition of risk strategies and tolerances, risk appetite and applicable limits
• Monitoring of all risks and risk management measures as well as compliance with limits

Current members: Dr Hans Künzle, Dr Thomas Schmuckli, Beat Fellmann, Dr Gabriela Maria Payer

The Audit Committee assists the Board of Directors in performing its duties with regard to overall supervision and financial control.

Duties:

• Assessment of accounts
• Assessment of risk governance and organisation
• Assessment of the internal control system (ICS)
• Monitoring of operational risks and risk management measures
• Monitoring of the audits performed by the internal and external auditors
• Approval of the internal audit plan
• Coordination of the external audit plans, the audit results and specific audit assignments
• Verification of the consistency of auditing activities with any existing consulting mandates
• Reviewing of the fee structure

The Audit Committee also ensures optimal cooperation between internal and external control units, the Audit Committee, the Chairman and the Executive Management.

Current members: Dr Hans-Jürg Bernet, Dr Ivo Furrer, Dr Andreas von Planta, Regula Wallimann