Corporate Governance Outlook and Changes
in Proxy Advisors Landscape

As of this year, the Swiss “comply-or-explain” rules with respect to gender representation on boards of directors of large, listed companies apply. We explain the implications for companies in scope of the newly applicable regulation.

Also, the largest proxy advisors have updated their proxy voting guidelines for the AGM season 2026. In this briefing, we highlight the most important developments, both with respect to overall trends as well as specific governance and reporting topics.

In a nutshell, Swiss listed companies should take active steps to intensify their dialogue with shareholders to better understand their positions on individual topics.