Art. 4

(Art. 2 para. 2 let. a FinIA)

1. The following persons are deemed to have family ties with one another:
   1. relatives by blood or by marriage in the direct line;
   2. relatives by blood or by marriage up to the fourth degree in the collateral line;
   3. spouses and registered partners;
   4. coheirs and legatees from succession until completion of the division of estate or allocation of the legacy;
   5. remaindermen and remainderwomen and residuary legatees in accordance with Article 488 of the Swiss Civil Code¹(CC);
   6. persons living in a permanent life partnership with a portfolio manager or trustee.
2. Family ties are deemed to exist insofar as portfolio managers manage assets or trustees manage in-house funds in favour of persons who have family ties with one another, if the portfolio managers or trustees are directly or indirectly controlled by:
   1. third parties who have family ties with these persons;
   2. a trust, a foundation or a similar legal construct set up by a person with family ties.
3. Paragraph 2 also applies insofar as, in addition to the persons with family ties, institutions with a public or not-for-profit purpose are also beneficiaries.