RATIONAL Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 25 shareholders own 62.96% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
31.5%	Estate Of Siegfried Meister	3,581,578	CHF 2.9b	0%	no data
15.9%	Ulrike Meister	1,803,464	CHF 1.5b	0%	no data
4.16%	BlackRock, Inc.	472,964	CHF 389.2m	-3.79%	0.01%
1.66%	The Vanguard Group, Inc.	188,496	CHF 155.1m	2.11%	no data
1.25%	Fundsmith, LLP	141,624	CHF 116.5m	0%	0.41%
0.92%	Norges Bank Investment Management	105,081	CHF 86.5m	0%	0.01%
0.79%	Deutsche Asset & Wealth Management	89,785	CHF 73.9m	1.28%	0.02%
0.7%	Rathbones Asset Management Limited	79,048	CHF 65.0m	0%	0.66%
0.66%	Columbia Management Investment Advisers, LLC	74,558	CHF 61.4m	0%	0.02%
0.64%	Allianz Asset Management GmbH	72,860	CHF 60.0m	0%	0.03%
0.51%	Baillie Gifford & Co.	58,357	CHF 48.0m	-9.97%	0.02%
0.51%	GLG Partners, Inc.	57,717	CHF 47.5m	0%	1.18%
0.5%	abrdn plc	56,399	CHF 46.4m	0%	0.04%
0.37%	Dimensional Fund Advisors LP	42,624	CHF 35.1m	0%	0.01%
0.35%	PineStone Asset Management Inc.	39,974	CHF 32.9m	4.17%	0.31%
0.32%	Geode Capital Management, LLC	36,821	CHF 30.3m	3.3%	no data
0.31%	Fiera Capital Corporation	35,647	CHF 29.3m	0%	0.08%
0.28%	UBS Asset Management AG	31,559	CHF 26.0m	8.88%	no data
0.27%	AXA Investment Managers S.A.	30,872	CHF 25.4m	-0.55%	0.05%
0.25%	Aristotle Capital Management, LLC	28,603	CHF 23.5m	8.28%	0.05%
0.25%	Financiere de l'Echiquier	28,213	CHF 23.2m	0%	0.34%
0.25%	Capital Research and Management Company	28,025	CHF 23.1m	0%	no data
0.22%	Amundi Asset Management SAS	25,385	CHF 20.9m	4.59%	no data
0.22%	Franklin Resources, Inc.	24,700	CHF 20.3m	0.01%	0.01%
0.21%	Deka Investment GmbH	23,863	CHF 19.6m	-0.09%	0.02%