EXECUTIVE BOARD AND EXPANDED EXECUTIVE BOARD

I. Martin Huldi
Swiss citizen, born in 1962

Martin Huldi has been the Chief Executive Officer of the Aduno Group since 2011. Previously, he was a member of the Executive Board of the Thurgau Cantonal Bank from 1998, and held various managerial positions with the Thurgau Cantonal Bank and Schweizerischer Bankverein in Switzerland and abroad. As part of his activities for the Aduno Group, Martin Huldi is the Chairman of the Boards of Directors of Aduno Finance AG, AdunoKaution AG, SmartCaution SA, cashgate AG and Vibbek AG as well as a member of the Boards of Directors of Accarda AG and SwissWallet AG. After obtaining his qualification as a Swiss certified banker, Martin Huldi attended various executive management training courses in Switzerland, England and the US.

II. Conrad Auerbach
Swiss citizen, born in 1963

Conrad Auerbach has been the Chief Financial Officer of the Aduno Group since 2006. Before joining the Aduno Group, he served as CFO and head of infrastructure at IBM Switzerland from 2002 to 2006, and since 1994 he held various positions with IBM Switzerland and IBM EMEA.
He is a member of the Boards of Directors of cashgate AG, Aduno Finance AG, AdunoKaution AG, SmartCaution SA and Accarda AG. Conrad Auerbach was awarded a degree in business administration from the University of St. Gallen.

III. Daniel Anders
Swiss citizen, born in 1970

Daniel Anders has been the Chief Operations Officer of the Aduno Group since 2010. Previously, Daniel Anders served as the Chief Executive Officer of the Corporate Center of the Aduno Group from 2004 to 2009 and as Chief Technology Officer of Viseca Card Services SA from 2001 to 2003. Before moving to Viseca, he was the head of strategic development of electronic channels and economic organiser and project manager at the Zürcher Kantonalbank. He is a member of the Boards of Directors of cashgate AG and Vibbek AG. After qualifying as an engineer, Daniel Anders also obtained an executive master of business administration degree from the Zurich University of Applied Sciences.

IV. Daniel Bodmer
Swiss citizen, born in 1964

Daniel Bodmer has been the Chief Sales Officer of the Aduno Group since 2013. Before joining the Aduno Group, he was a member of the Executive Board and head of sales and marketing at ALSO Schweiz AG from 2007 to 2013. Previously, he worked for many years in the telecommunications industry as managing director and head of sales, as well as in the IT industry as head of marketing and sales. He is a member of the Board of Directors of AdunoKaution AG and SmartCaution SA. Daniel Bodmer obtained his degree in economics from the University of Zurich and also did an Advanced Management Programme at INSEAD in Fontainebleau.

V. Roland Zwyssig
Swiss citizen, born in 1966

Roland Zwyssig has been the Chief Marketing Officer of the Aduno Group since 2010. Previously, he was Chief Executive Officer from 2006 to 2009, Chief Operating Officer from 2003 to 2005 and head of strategic projects from 2002 to 2003. Prior to that, he was head of business management at Viseca Card Services SA. Before joining Viseca, he held a number of positions in the credit card business with several companies. Roland Zwyssig is a member of the Boards of Directors of Aduno Finance AG and Contovista AG. After obtaining his qualification as a Swiss certified merchant, Roland Zwyssig attended various management, sales and business administration courses.

Expanded Executive Board

VI. Rolf Arnet (until 31 December 2016)
Swiss citizen, born in 1956

Rolf Arnet has been Head of Human Resources Management of the Aduno Group since 2003. Previously, he worked in various managerial positions in the field of personnel development and personnel management at UBS, the Zürcher Kantonalbank and Rentenanstalt/Swiss Life, with several years on assignments abroad in New York and Tokyo. After graduating from the Kaderschule in Zurich as an economist, Rolf Arnet attended a number of advanced specialist courses and obtained an MBA in International Management Consulting from the Universities of Applied Sciences of Northwestern Switzerland and Ludwigshafen.

VII. Helga Dancke
German citizen, born in 1953

Helga Dancke has been the Chief Executive Officer of cashgate AG since 2008. Before moving to the Aduno Group, she was the Chief Executive Officer of the German network operator TeleCash (First Data), and prior to this she worked in different managerial positions for the Barclays Bank PLC credit card provider in Germany for ten years, including as marketing director and as general manager. From 2000 to 2006, she served on the Board of Directors of Visa in Germany. Helga Dancke was awarded her degree in business administration from the University of Erlangen-Nuremberg.

Remuneration

The remuneration of the members of the Executive Board comprises a fixed basic salary, a variable bonus and a long-term incentive. The basic salary is agreed in the employment contract. The bonus is applied for by the Chief Executive Officer in accordance with the Aduno Group’s staff manual and approved by the NCC. The allocation to the long-term incentive programme is applied for by the Chief Executive Officer and approved by the NCC.