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2020 share buyback program

SGS SA announced a new CHF 200m share buyback program for the purpose of capital reduction on February 14, 2020. A dedicated second trading line on SIX Swiss Exchange is used to execute the share buyback. The program started on February 17, 2020 and will end latest on December 30, 2020.

Shares of SGS SA sold on the second trading line are subject to the Swiss federal withholding tax of 35% on the difference between the repurchase price of the shares of SGS SA and their nominal value of CHF 1.00 each.

Maximum daily repurchase volume: 25,221 shares
(calculated in accordance with Art.123(1)(c) of the Swiss Financial Market Infrastructure Ordinance)