21.04.2023 - Valiant to boost employee pension provision

Ad hoc announcement pursuant to Art. 53 LR

Valiant to boost employee pension provision

Valiant will make a special one-off payment of 10 million Swiss francs in 2024 to boost pension benefits for its employees.

With its roots stretching back to 1824 and the establishment of Ersparniskasse Murten, Valiant will be celebrating its 200th anniversary in 2024. The bank has decided to mark this occasion by making a special contribution of 10 million francs to the employee pension fund, thus increasing its attractiveness to employees. Valiant is keen to ensure that its employees have access to a secure and well managed pension provision. The amount of 10 million francs will be placed on the books in the second quarter of 2023.

Valiant expects consolidated net profit to be higher in the current year.

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