Annual Report 2023

5.6 Trading Restrictions / Quiet Periods

Quiet periods generally start after closing (first half: on July 1st / full year: on January 1st) and end on the day of public announcement of the semi-annual/annual financial results. Trading is authorized as of the day following the public announcement. Quiet periods apply to the members of the Board of Directors, the members of the Extended Executive Committee, including their respective staff members with access to insider information, and the members of the Global Finance Team. The day of public announcement of the annual and semi-annual financial results is published.