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Subscription and Payment

The subscribers have subscribed the shares to be issued as follows:
1) Mr Bruno Claude, prenamed,
paid CHF 150,500.00 in subscription for 35,600 Class A shares and 24,600 Class B shares.
2) Mr Rudolf Fischer, prenamed,
paid CHF 137,500.00 in subscription for 32,500 Class A shares and 22,500 Class B shares.
3) GLACIER HOLDINGS GP S.A., prenamed,
paid CHF 2.50 in subscription for 1 Class A share.
Total: CHF 288,002.50 paid for 68,101 Class A shares and 47,100 Class B shares.


Subscription and Payment

The subscribers have subscribed the shares to be issued as follows:
1. GLACIER HOLDINGS GP S.A., prenamed,
paid CHF 31,017.50 in subscription for 7,327 Class A shares, and for 5,080 Class B shares;
2. Mr Otto Rathsman, prenamed,
paid CHF 41,362.50 in subscription for 9,771 Class A shares, and for 6,774 Class B shares;
3. Ms Judith Blake, prenamed,
paid CHF 31,022.50 in subscription for 7,328 Class A shares, and for 5,081 Class B shares;
4. Mr Gérard Rosier, prenamed,
paid CHF 25,852.50 in subscription for 6,107 Class A shares, and for 4,234 Class B shares;
5. Mr Marco Quinter, prenamed,
paid CHF 10,342.50 in subscription for 2,443 Class A shares, and for 1,694 Class B shares;
6. Mr Erik Adams, prenamed,
paid CHF 13,787.50 in subscription for 3,257 Class A shares, and for 2,258 Class B shares;
7. Mr Thomas Foery, prenamed,
paid CHF 10,342.50 in subscription for 2,443 Class A shares, and for 1,694 Class B shares;
8. Mr Christopher Winfrey, prenamed,
paid CHF 13,787.50 in subscription for 3,257 Class A shares, and for 2,258 Class B shares;
9. Mr Giorgio Ricci, prenamed,
paid CHF 6,892.50 in subscription for 1,628 Class A shares, and for 1,129 Class B shares;
10. Mr Marc Roggli, prenamed,
paid CHF 6,892.50 in subscription for 1,628 Class A shares, and for 1,129 Class B shares;
11. Mr Stephen Wright, prenamed,
paid CHF 6,892.50 in subscription for 1,628 Class A shares, and for 1,129 Class B shares;
12. Mr Kevin Thomson, prenamed,
paid CHF 6,895.00 in subscription for 1,629 Class A shares, and for 1,129 Class B shares;
13. Mr David Taber, prenamed,
paid CHF 6,895.00 in subscription for 1,629 Class A shares, and for 1,129 Class B shares;
14. Mr Stephan Howeg, prenamed,
paid CHF 6,892.50 in subscription for 1,628 Class A shares, and for 1,129 Class B shares;
15. Mr Bernd Kleinsteuber, prenamed,
paid CHF 6,895.00 in subscription for 1,629 Class A shares, and for 1,129 Class B shares;
16. Mr Ernst Schneeberger, prenamed,
paid CHF 3,447.50 in subscription for 814 Class A shares, and for 565 Class B shares;
17. Ms Angela Curletti, prenamed,
paid CHF 3,447.50 in subscription for 814 Class A shares, and for 565 Class B shares;
18. Ms Alison Ferguson, prenamed,
paid CHF 3,447.50 in subscription for 814 Class A shares, and for 565 Class B shares;
19. Mr Marcelo Goulart, prenamed,
paid CHF 3,447.50 in subscription for 814 Class A shares, and for 565 Class B shares;
20. Mr Roland Löetscher, prenamed,
paid CHF 3,447.50 in subscription for 814 Class A shares, and for 565 Class B shares;
21. Mr Stefan Luder, prenamed,
paid CHF 3,447.50 in subscription for 814 Class A shares, and for 565 Class B shares;
22. Mr Lars Kläger, prenamed,
paid CHF 3,447.50 in subscription for 814 Class A shares, and for 565 Class B shares;
23. Mr David Meloni, prenamed,
paid CHF 3,447.50 in subscription for 814 Class A shares, and for 565 Class B shares;
24. Mr Christian Kampfer, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
25. Mr Markus Bucher, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
26. Ms Mariateresa Vacalli, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
27. Mr Roger Frey, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
28. Mr Fredy Boesch, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
29. Mr Olav Frei, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
30. Mr Ivan Nash Vila, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
31. Mr Christian Speckhardt, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
32. Mr Roberto Pellizzon, prenamed,
paid CHF 3,445.00 in subscription for 814 Class A shares, and for 564 Class B shares;
33. Mr Heinrich Wegmann, prenamed,
paid CHF 1,722.50 in subscription for 407 Class A shares, and for 282 Class B shares;
34. Mr Urs Peter, prenamed,
paid CHF 1,722.50 in subscription for 407 Class A shares, and for 282 Class B shares;
35. Ms Cornelia Gehrig, prenamed,
paid CHF 862.50 in subscription for 204 Class A shares, and for 141 Class B shares;
36. Mr Reto Siegrist, prenamed,
paid CHF 862.50 in subscription for 204 Class A shares, and for 141 Class B shares;
37. Mr Etienne Lafosse, prenamed,
paid CHF 862.50 in subscription for 204 Class A shares, and for 141 Class B shares;
38. Mr Leonard Rayman, prenamed,
paid CHF 862.50 in subscription for 204 Class A shares, and for 141 Class B shares;

Total: CHF 291,250.00 paid for 68,800 Class A shares, and for 47,700 Class B shares.