Corporate GovernanceThe information disclosed in this section follows the Directive on Information Relating to Corporate Governanceissued by the SIX Swiss Exchange and complies largely with the Swiss Code of Best Practice for CorporateGovernance issued by Economiesuisse. <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> has implemented these principles of good corporategovernance in its articles of association, its organizational rules and its code of conduct.All information shown in this section applies to the balance sheet date if not indicated otherwise. Significantchanges between the balance sheet date and the copy deadline of the annual report are listed under “10 MaterialChanges since the Balance Sheet Date” at the end of this section.Further information on Corporate Governance can be found by visiting <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong>’s website atwww.uster-investors.com/governance.php.1 Group Structure and Shareholders1.1 Group Structure1.1.1 Operational StructureThe operational structure of the <strong>Uster</strong> Group is illustrated below:Board of Directors5 membersChairman Max-Ulrich ZellwegerExecutive Committee9 membersCEO Geoffrey ScottFinance and SupportCFOThomas F. DressendörferU.S. OperationsHossein GhorashiSales and ServiceHarold HokeAsian OperationsNaiming WeiTextile TechnologyRichard FurterOrder FulfillmentRenato MurkResearch and InnovationRafael StorzMarketing and BusinessDevelopmentDeniz Bütüner26 <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> | <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong>
1.1.2 Listed Companies within the Group<strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong>, <strong>Uster</strong>, Switzerland, is the parent company of the <strong>Uster</strong> Group and has been listedaccording to the Main Standard of the SIX Swiss Exchange since October 19, 2007. It is the sole listed companywithin the Group.Market capitalization CHF 225,882,000SIX Swiss ExchangeUSTNSwiss Security Number 3433153ISINCH00343315351.1.3 Non-Listed Companies within the GroupThe table below shows an overview of the non-listed companies of the <strong>Uster</strong> Group as of December 31, <strong>2009</strong>:Company% Capital ShareholdingsDec 31, <strong>2009</strong>Share Capital in 1,000<strong>Uster</strong> <strong>Technologies</strong> de Mexico S.A. de C.V.(Tlalnepantla, MX) 100% MXN 6,250<strong>Uster</strong> <strong>Technologies</strong> GmbH(Neuss, DE) 100% EUR 26<strong>Uster</strong> <strong>Technologies</strong> (India) Pvt. <strong>Ltd</strong>(Bangalore, IN) 100% INR 4,950<strong>Uster</strong> <strong>Technologies</strong> K.K.(Osaka-fu, JP) 100% JPY 10,000<strong>Uster</strong> <strong>Technologies</strong> (Shanghai) Co. <strong>Ltd</strong>(Shanghai, CN) 100% CNY 1,660<strong>Uster</strong> <strong>Technologies</strong> (Suzhou) Co. <strong>Ltd</strong>(Suzhou, CN) 100% CNY 20,185<strong>Uster</strong> <strong>Technologies</strong> Sulamericana <strong>Ltd</strong>a.(Alphaville-Barueri SP, BR) 100% BRL 650<strong>Uster</strong> <strong>Technologies</strong> (Thailand) <strong>Ltd</strong>(Bangkok, TH) 100% THB 6,000<strong>Uster</strong> <strong>Technologies</strong> Holding (Thailand) <strong>Ltd</strong>(Bangkok, TH) 100% THB 1,000<strong>Uster</strong> <strong>Technologies</strong>, Inc.(Knoxville, US) 100% USD 100<strong>Uster</strong> Teknoloji Ticaret A.S.(Istanbul, TR) 100% TRY 501.2 Significant ShareholdersAs of December 31, <strong>2009</strong>, 1017 shareholders (2008: 966) were registered in the share register of <strong>Uster</strong> <strong>Technologies</strong><strong>Ltd</strong>. In the course of <strong>2009</strong> the following disclosure announcements were made according to art.20 f. BEHG:• February 2, <strong>2009</strong> (SHAB Publication): Geoffrey Scott, CH-Zollikon, increased his holding in the Company’sshare capital on January 27, <strong>2009</strong>, to 203,000 shares corresponding to 3.09 voting rights.• November 5, <strong>2009</strong> (SHAB Publication): Following the Company’s increase in share capital as of November2, the stake owned by Geoffrey Scott (meanwhile moved to CH-Erlenbach) decreased to less than 3%of voting rights.Corporate Governance 27
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ImprintContent Concept and EditingI
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