2. Capital structure

2.1 Capital

The share capital of VP Bank amounts to CHF 66,154,167 and is divided into 6,015,000 fully paid-up registered shares A with a par value of CHF 10.00 each, as well as 6,004,167 fully paid-up registered shares B with a par value of CHF 1.00 each.

Number

Balance on 31.12.2025 Capital in CHF

Registered shares A

6,015,000

60,150,000

Registered shares B

6,004,167

6,004,167

Total

12,019,167

66,154,167

2.2 Capital band and conditional capital

VP Bank does not have any conditional capital. A capital band is not applicable to VP Bank Ltd as it is a Liechtenstein enterprise.

2.3 Changes in capital

The total shareholders’ equity of VP Bank for the past three financial years (as at the respective balance sheet date) changed as follows:

in CHF 1000

31.12.2023

31.12.2024

31.12.2025

Share capital

66,154

66,154

66,154

Capital reserves

47,049

47,049

47,049

Statutory reserves

239,800

239,800

239,800

Other reserves

366,007

368,193

369,776

Provisions for general banking risks

63,150

63,150

63,150

Retained earnings

145,469

139,456

179,242

Total

927,629

923,802

965,171

2.4 Shares and participation certificates

The registered shares A of VP Bank can be traded freely on SIX Swiss Exchange Ltd. The registered shares B are unlisted but are widely held among the regional population.

Both share categories bestow the membership rights provided for in the Liechtenstein Persons and Companies Act (PCA) and the company’s Articles of Association.

Each registered share A (par value of CHF 10.00) and each registered share B (par value of CHF 1.00) grants the holder the right to one vote at the annual general meeting of VP Bank, irrespective of the par value of the share.

VP Bank has issued no participation certificates.

2.5 Dividend-right certificates

VP Bank has issued no dividend-right certificates.

2.6 Limitations on transferability and nominee registrations

The registration and transfer of registered shares is regulated in detail in Art. 7 of the Articles of Association. The Articles of Association can be found online at vpbank.com/regulations. Only shareholders entered into the share register are entitled to exercise membership rights vis-à-vis the company.

The Board of Directors can refuse to enter holders of registered shares B into the share register on important grounds (Art. 7a of the Articles of Association). During the reporting year, the Board of Directors did not make use of their powers of authority in this respect.

2.7 Convertible bonds and options

VP Bank has issued neither convertible bonds nor options based on its own shares.