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 registered shares B with a par value of CHF 1.00 each (see financial report).

VP Bank has neither authorised nor conditional capital.

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

The registered shares A of VP Bank can be traded freely on SIX Swiss Exchange Ltd. The registered shares B are not listed, 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.

VP Bank has issued no dividend-right certificates.

The registration and transfer of registered shares is regulated in detail in Art. 7 of the Articles of Association.³ 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 register of shareholders 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.

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