We make our customers successful. - Oerlikon Barmag

According to information available to the company, there is no shareholder with a beneficial ownership
exceeding 5%.
1.3 Cross-shareholdings. There are no cross-shareholdings.
2. Capital structure.
2.1 Capital. The issued share capital of Saurer Ltd. is CHF 177 445 000, comprising 15 430 000 fully paid
registered shares with a nominal value of CHF 11.50 each.
2.2 Authorized and conditional capital. Details of the authorized and conditional capital are set out in
Note 17 on page 68
2.3 Changes of capital. Information on movements in the capital structure for 2003 and 2002 are set
out in the consolidated statement of shareholders’ equity on page 54. The movements for the year 2001
are set out in the consolidated statement of shareholders’ equity on page 26 of the Annual Report 2002,
which is available on the group’s homepage, www.saurer.com.
2.4 Shares and participation certificates. Each registered share is entitled to one vote at the General
Meeting of Shareholders. Voting rights may only be exercised after the shareholder has been registered
in the share register. All shares are entitled to full dividend rights. The voting rights of treasury shares
held by the company or its subsidiaries are suspended. In the event of a capital increase through the
issue of new shares, the existing shareholders have subscription rights in proportion to their existing
shareholding, unless the General Meeting of Shareholders restricts or excludes such rights for important
reasons, especially in connection with the acquisition of investments or employee participation.
Saurer Ltd. has not issued (non-voting) participation certificates.
2.5 Bonus certificates. Saurer Ltd. has not issued bonus certificates.
2.6 Limitations on transferability and nominee registrations. There are no restrictions either for Swiss
nor for non-Swiss investors with regard to registration in the share register. Similarly there are no limits
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