Editorial

Dear shareholders,

As the new Chairman of the Board of Directors of the Aduno Group, I am delighted to be able to report to you on a successful first half of 2017. When we look back at the first six months of the year, we have been very busy with digitisation. We can point to good progress in our projects and a good financial result. In the second half of the year the Board of Directors will move swiftly in tackling strategically important themes.

At the Annual General Meeting on 12 June 2017, the shareholders of Aduno Holding AG elected Michael Auer as a new member of the Board of Directors. He is Head of Private and Investment Clients at the Raiffeisen Group. Mr Auer replaces Dr Pierin Vincenz, who has been Chairman of the Board of Directors of our company since it was established in 1999 and has now resigned. I said goodbye to him at length at our Annual General Meeting. I would like to take this opportunity to thank him once again for his long and successful leadership of the Aduno Group.

The fact that the Aduno Group achieved another good result and reached important milestones in the first half of 2017 is primarily down to our employees. On behalf of the Board of Directors I would like to thank them for their hard work and solid commitment. I would also like to thank our customers, our partner banks and our shareholders for their trust and support.

Pascal Niquille
Chairman of the Board of Directors

Pascal Niquille
Chairman of the Board of Directors