QUIET PERIODS

The Group’s Regulation on Insider Trading shall ensure compliance with insider trading laws and other applicable regulations. All members of the Board of Directors, all members of the EMB and any further Executive Vice Presidents of the Group, the heads of the corporate communications department and of the investor relations department as well as all members of the finance department with access to consolidated accounts of the Group were identified as the persons primarily concerned with insider trading matters.

For all such persons, trading with (as well as issuing recommendations with regard to) Straumann Securities is prohibited during the following regular blocked periods:

a) Between 31 March and the subsequent announcement of the quarterly results
b) Between 30 June and the subsequent announcement of the half-year results
c) Between 30 September and the subsequent announcement of the quarterly results
d) Between 31 December and the subsequent announcement of the annual results

Employees of the Group who temporarily have access to relevant inside information shall also observe the regular blocked periods for as long as they have access to inside information.

The following exceptions allow trading during the regular blocked periods:

• The sale of shares vested under the Straumann Long-Term Incentive Plan (see compenstion report pp. 182 – 185 and note 8.3 of the audited consolidated finacial statements on pp. 253 – 254) under the conditions that (i) such sale of Straumann securities has been irrevocably declared not later than by 30 December of the preceding year and (ii) the plan participant does not temporarily have access to relevant inside information at the time of the declaration
• The purchase of employee shares under the Straumann Employee Share Participation Plan (see compenstion report p. 190 and note 8.3 of the audited consolidated finacial statements on pp. 253 – 254).