Annual Report 2022

Governance and RemunerationCorporate Governance ReportCorporate Governance Report 2022

Corporate Governance Report

Corporate Governance Report 2022

We are committed to the highest principles of good corporate governance, which we believe will provide a sustainable framework for realizing our strategy and objectives while at the same time strengthening our relationship with shareholders, employees, customers, suppliers and other business partners. Through accountability, transparency, fairness and responsibility, we strive to create an appropriate balance between management and control, while at the same time aligning with the interests of our stakeholders.

Our Corporate Governance Report 2022 provides information on corporate governance in accordance with the SIX Swiss Exchange Directive on Information relating to Corporate Governance (“DCG”), the Swiss Ordinance against Excessive Compensation with respect to Listed Stock Corporations (“OaEC”)¹ and the principles of the Swiss Code of Best Practice for Corporate Governance issued by economiesuisse.² The information contained herein generally follows the structure of the annex of the DCG.

All information within this Corporate Governance Report 2022 refers to the Company’s organization, Articles of Association³ and Organizational Regulations⁴ that were in effect as of 31 December 2022 (unless otherwise stated).⁵

1 As part of the reform of Swiss corporate law, the provisions on compensation from the OaEC were incorporated into the Swiss Code of Obligations (“CO”) with effect as of 1 January 2023, and the OaEC was repealed as of the same date. For the year ended 31 December 2022, the OaEC remained in force.

2 In its version as approved by the board of economiesuisse on 28 August 2014.

3 PolyPeptide Group AG’s Articles of Association are available at https://www.polypeptide.com/investors/results-center/.

4 PolyPeptide Group AG’s Organizational Regulations are available at https://www.polypeptide.com/investors/results-center/.

5 In line with the new regulations arising from the reform of Swiss corporate law, PolyPeptide Group AG (the “Company”) will propose conforming amendments to its Articles of Association at the upcoming AGM 2023, such amendments to be set out in the invitation and agenda. Thereafter, the Board of Directors plans to amend relevant other regulations of the Company, in particular the Company’s Organizational Regulations.