Page 19 - Maerki Baumann & Co. AG | Annual Report 2021

Ownership and organisational structure Ownership Maerki Baumann & Co. AG is a private bank and wholly owned subsidiary of Maerki Baumann Holding AG, of which the ownership structure is as follows: Board of Directors - CHSZ-Holding AG, Zurich - Hans G. Syz-Witmer - Dr Carole Schmied-Syz - Third-party shareholders 51.3% 21.8% 21.8% 5.1% Hans G. Syz-Witmer, Küsnacht, Chairman Dr Carole Schmied-Syz, Erlenbach, Vice-Chairwoman Prof. Bruno Gehrig, Winterthur* Urs Lauffer, Steinmaur* Michele Moor, Cureglia* Audit Committee and Risk Committee** Prof. Bruno Gehrig, Winterthur, Chairman* Michele Moor, Cureglia* Dr Carole Schmied-Syz, Erlenbach * Independent members of the Board of Directors, as defined by the regulations of the Swiss Financial Market Supervisory Authority (FINMA). ** According to the current FINMA rules, the bank is not required to have either an Audit Committee or a Risk Committee. The Board of Directors of Maerki Baumann Holding AG is comprised of Dr Carole Schmied-Syz (Chairwoman), Hans G. Syz-Witmer (Vice-Chairman) and Urs Lauffer. CHSZ-Holding AG is owned 50% each by Hans G. Syz- Witmer and Dr Carole Schmied-Syz. The Board of Directors of CHSZ-Holding AG is comprised of Urs Lauffer (Chairman), Hans G. Syz-Witmer and Dr Carole Schmied-Syz. As at 1 April 2022 19 Maerki Baumann & Co. AG