Participation certificates (Partizipationsscheine) with a nominal value of CHF 0.001 each will replace the non-voting equity securities (Genussscheine). Reduction of the nominal value of the bearer shares (Inhaberaktien) from CHF 1 to CHF 0.001 in line with the nominal value of the new participation certificates.Participation certificates are economically equivalent to Genussscheine and will be listed on the SIX Swiss Exchange.Discontinuation of printed dividend vouchers and a further transition to intermediated securities, in line with efficient and modern market practices. The exchange of Genussscheine for participation certificates and the reduction as well as the repayment of the nominal value of the bearer shares will be submitted to the shareholders for approval at the 2026 Annual General Meeting Basel, 22 July 2025 - Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today its Board of Directors' decision to propose to shareholders a modernisation of Roche Holding Ltd’s capital structure for approval at the Annual General Meeting to be held on 10 March 2026 ('2026 AGM'). The proposal includes the exchange of the existing non-voting equity securities ('Genussscheine”) for participation certificates with a nominal value of CHF 0.001 each.