38 Scope of consolidation

Company

Registered office

Base currency

Capital

Group share of equity

VP Bank Ltd

Vaduz

CHF

66,154,167

100%

VP Fund Solutions (Liechtenstein) AG

Vaduz

CHF

1,000,000

100%

VP Wealth Management (Hong Kong) Ltd (wind down)

Hong Kong

HKD

43,000,000

100%

VP Bank (Luxembourg) SA

Luxembourg

CHF

20,000,000

100%

VP Fund Solutions (Luxembourg) SA

Luxembourg

CHF

5,000,000

100%

VP Bank (Switzerland) Ltd

Zurich

CHF

20,000,000

100%

VP Bank (BVI) Ltd

Tortola

USD

10,000,000

100%

Shareholdings removed from the scope of consolidation

none

Joint venture companies removed from the scope of consolidation

Data Info Services AG, Vaduz (liquidation November 2025)

Joint venture companies

none

Companies integrated during the financial year

none

Shareholdings accounted for the first time in accordance with the equity method

Embla Fund Management AG, Vaduz

Asset transfer during the financial year

none

Changes within the scope of consolidation

none