2.1 Full-Time Equivalents

BELIMO Holding AG does not have any employees.  

2.2 Contingent Liabilities and Collaterals for Third-Party Liabilities

There were no contingent liabilities as at December 31, 2023 and 2022.

The Company is part of the Belimo value-added tax group in Switzerland and is jointly and severally liable for its value-added tax liabilities to the tax authorities.

As at December 31, 2023, BELIMO Holding AG has issued a guarantee to certain banks in respect of credit facilities granted to one subsidiary in the amount of CHF 100.0 million (2022: CHF 100.0 million). The credit lines were not used as at December 31, 2023 and 2022.

2.3 Events after the Reporting Date

On March 1, 2024, the Board of Directors of BELIMO Holding AG approved the present annual financial statements for release. As of this date, no material events after the reporting date have occurred. The financial statements are subject to approval by the shareholders of BELIMO Holding AG at the Annual General Meeting to be held on March 25, 2024.