Felix Heinser, PhD in philosophy, who used to be chief strategist for Swiss equities at UBS for instance has been advisor to the board of Rüegg Asset Management AG from 2007 until June 2013. Rüegg Asset Management AG would like to express our highest respect and we would like to thank him for all his good work and help during that time which we very much appreciated - mainly also during certain difficult times. Felix Heinser, PhD, has said that Rüegg Asset Management AG would be good organised now so that we could look into a good future.

Once again we would like to thank Felix Heinser, PhD, for all his efforts and we wish him all the very best for his future and we wish him especially lots of joy and a good health in his retirement.