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Six Drive 2022 en Book

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Drive!

The Future of Finance Is Now


I TY PER
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CONTENT

8 Drive — PERFORMANCE
10 EXCHANGES
12 SECURITIES SERVICES
14 FINANCIAL INFORMATION
16 BANKING SERVICES

18 Drive — INNOVATION
18 INNOVATION FIELDS
20 PROMOTING STARTUPS
20 INNOVATION AS TRADITION

21 Drive — STABILITY
21 SECURITY AND AVAILABILITY
22 SUPERVISION AND REGULATION
22 COMPLIANCE AND DATA PROTECTION

24 Drive — EXPERTISE
24 DIVERSITY IN THE WORKFORCE
26 SIX AS AN EMPLOYER
26 SHARING KNOWLEDGE

27 Drive — RESPONSIBILITY
27 SUSTAINABLE FINANCE
28 ENVIRONMENT AND CLIMATE
28 FINANCIAL LITERACY
Read Our Blog
six-group.com/blog

Benefit from Our


White Papers
six-group.com/research

Download Our Annual


Report
six-group.com/annual-report

Follow Us on Social Media

six-group.com
THE FUTURE OF
FINANCE IS NOW

Find out in our video how we are strengthening the international


competitiveness of our customers.

six-group.com/movie
WELCOME TO SIX

PERFORMANCE
INNOVATION OUR PURPOSE
STABILITY We strengthen the
EXPERTISE
RESPONSIBILITY competitiveness of our
clients in our domestic and
international financial
markets through top-class
services and innovation.

WHAT WE DO
SIX provides and operates
stable and efficient infrastruc-
ture for the Swiss and Spanish
financial centers, thus ensuring
access to the capital markets
and the flow of information
and money between financial
market players. We are the
Swiss competence center for
payments and other banking
services. We provide data,
regulatory services, and in-
dices to customers around
the world.

EXCHANGES
SECURITIES SERVICES
FINANCIAL INFORMATION
BANKING SERVICES

SIX — 6
CUSTOMER FOCUS
COLLABORATION
OWNERSHIP
TRUST

WHAT WE STAND FOR


Our corporate culture is
shaped by four core values.
Customer Focus: We generate
added value for our customers.
Collaboration: We collaborate
constructively with customers
and partners, and work in teams.
Ownership: We assume respon-
sibility and drive innovation.
Trust: We promote a culture of
transparency and mutual trust.

WHO WE WORK WITH FINANCIAL INSTITUTIONS


CORPORATES
SIX connects financial market ASSOCIATIONS
participants in Switzerland, AUTHORITIES
EMPLOYEES
Spain, and around the world. ACADEMIA
We are owned by more than
120 national and international
financial institutions. They
are the main users of our infra-
structure and are our most im-
portant clients.

SIX — 7
Drive — PERFORMANCE

Drive —  PERFORMANCE

Our outstanding services enhance our customers’


performance in Switzerland, Spain, and international
markets.

EXCHANGES
As the operator of SIX Swiss Exchange and BME
Exchange, we consolidate listing and trading under
one roof. And with SIX Digital Exchange (SDX), we
are defining the securities value chain of the future.

SECURITIES SERVICES
From the initial clearing of a trade to final payment,
SIX provides its customers access to its top-class
range of post-trade services at every stage.

FINANCIAL INFORMATION
As a global provider of financial information, SIX
delivers high-quality reference, pricing, corporate
action, and ESG data and provides regulatory services
and indices.

BANKING SERVICES
As the competence center for Swiss payment trans-
actions, SIX supports banks with innovative services in
an increasingly digitalized world.

SIX — 8
Drive — PERFORMANCE

SIX Digital Exchange (SDX) –


Transformation of the Securities
Value Chain

With SDX, SIX ensures security and reliability for the evolution
of the financial ecosystem. SIX Digital Exchange integrates the
issuance, trading, settlement, and custody of digital securities
in a regulated environment.

SIX — 9
Drive — PERFORMANCE

EXCHANGES
Measured in terms of the number of freely tradable shares,
SIX – with SIX Swiss Exchange and BME Exchange – is the
third-largest exchange group in Europe by free-float market
capitalization. And with the SDX digital stock exchange, we
leverage distributed ledger technology to offer a fully inte-
grated, secure end-to-end service for the trading, settlement,
and custody of digital assets.
 six-group.com/exchanges

SIX SWISS EXCHANGE

Whether as part of a flotation, a spinoff, or the listing of investment


funds, the Swiss stock exchange has the answer to every need.

Listing: The Swiss stock exchange ranks among the


leading trading venues in Europe, with excel-
lent liquidity. Its approximately 260 listed
companies include Nestlé and Roche,
two of the three companies in
Europe with the largest market
capitalizations. We provide
access to international finan-
cial markets and to highly
capitalized domestic and
foreign investors. With
Sparks, we have launched
2 of 3
a new equities segment Shares of two of the three
specifically for small companies with the largest
and midsize enterprises market capitalizations and
even the biggest stock in
(SMEs).
Europe are listed on SIX
Swiss Exchange.

SIX — 10
Drive — PERFORMANCE

56%
BME supports SMEs via the
BME Growth Market, 56% of which
is focused on four sectors:
– Pharmaceutical and biotech products
– Electronics and software
– Renewable energy
– Engineering

SIX DIGITAL
BME EXCHANGE EXCHANGE (SDX)
Trading: We provide access to The Spanish stock exchange The SDX digital markets
more than 50,000 securities and is based in four different infrastructure will establish
products in a variety of trading cities: Madrid, Barcelona, the Swiss financial center
segments and offer efficient Bilbao, and Valencia. We as a leading hub for digital
exchange trading thanks to the cover equities, fixed-income assets within the global eco-
latest technology, excellent securities, and derivatives, system in addition to playing
trading conditions, and superior and provide market data as a leading role in global wealth
liquidity within an attractive well. Our products and ser- management. It will enable the
securities universe. vices are geared toward trading, settlement, and custody
companies throughout their of digital securities and will
Market data: As a reference entire life-span: from the support the digital evolution
market for more than 50,000 pre-market environment to of non-bankable assets to facil-
stocks, bonds, ETFs, ETPs, spon- BME Growth and on to the itate their exchange and risk
sored funds, and structured main market. Moreover, the management.
products, SIX Swiss Exchange Latibex market is the bridge
is your reliable source when it for Latin American com-
comes to market data for Swiss panies to reach European
securities and indices. investors.

SIX — 11
Drive — PERFORMANCE

SECURITIES SERVICES
In the constantly evolving securities services sector,
technology and innovation are of key importance.
SIX is keenly aware of this and therefore continually
invests in new technologies and innovative solutions.
Our proprietary core system SECOM ranks among the
most modern, secure, and – especially importantly –
cost-efficient clearing and settlement systems in the world.
 six-group.com/securities-services

POST-TRADE

We cover the entirety of post-trading: from


clearing and settlement to custody, securities
finance, tax reporting, and funds services,
and to payment transactions via the SIC
interbank payments system.

We manage risks and commit-


ments via the most qualified,
stable, and financially sound
central counterparties in
Europe and provide first-
class custody services for

CHF 6 tn
more than 50 markets. Our
CO:RE collateral and repo
platform offers financial
In 2021, the custody volume market participants a com-
managed by SIX amounted prehensive palette of
to 6 trillion Swiss francs.
services associated with
securities services and
serves more than 160 finan-
cial institutions.

SIX — 12
Drive — PERFORMANCE

From clearing and settlement to custody, collateral management, and repur-


chase agreements, SIX offers a complete spectrum …

CLEARING

SECURITIES FINANCE

TRADE REPOSITORIES

SETTLEMENT
Pan-European Top-class portfolio AND CUSTODY
multi-asset clearing services

Professional solutions Europe’s leading TAX SERVICES


for professional clients trade repositories

Solutions for more Optimizing investor


efficiency, less risk, and returns via tax services
greater cost efficiency for tax reclaims

... of post-trade services and more along the


entire value chain, doing so in more than 50
countries worldwide.

SIX — 13
Drive — PERFORMANCE

FINANCIAL INFORMATION
For nine decades, we have been providing verified,
structured, interlinked, and enriched data that smoothly
integrate with our customers’ workflows. Our added-
value services allow our customers to focus their re-
sources on growing their core business.
 six-group.com/financial-information

REFERENCE AND
PRICING DATA ESG DATA
Using data from over 5,000 Institutional investors are
sources worldwide, SIX aggre- increasingly turning their
gates data in real time for attention toward oppor-
approximately 30 million fi- tunities for sustainable
nancial instruments. investment. One of the
major challenges sur-
With its high-quality reference,
pricing, and corporate actions
rounding ESG* invest-
ments is sourcing re- 12x
data, SIX delivers the basis for liable, consistent, and
SIX has been recognized
confident business decisions. Our comparable ESG data.
as the Best Corporate Actions
database covers a wide range of At SIX, we provide our Data Provider 12 times
asset classes and legal entities. clients with the high- in row (IMD/IRD Awards).
quality ESG data they
SIX delivers security master need to better serve their
data in a model-ready data clients through sustainably
format on integrated big data orientated investment offer-
cloud platforms for the purpose ings. Our range of data services
of machine learning, deriv- includes ESG regulatory data,
ing insights, and conducting alternatively sourced ESG per-
analyses. formance data and ESG indices.

*ESG stands for Environment, Social, and Governance.

SIX — 14
Drive — PERFORMANCE

REGULATORY DISPLAY AND DATA


SERVICES DELIVERY

Regulatory requirements world- SIX delivers its data in the


wide are becoming increasingly right format at the right time
complex. SIX helps financial via powerful data feeds, the
institutions to comply with legal cloud, APIs, or specific data
provisions, economic sanctions, packages, or through cloud
and market requirements for platforms and partners.
more than 70 European and Customers order and pay
international regulations. for only the data they need.

In collaboration with its clients, The financial data display


SIX develops services for suit- product SIX iD makes it easy to
ability assessment, risk analysis, navigate a wealth of informa-
and reporting requirements. tion from SIX and third-party
Through BME Inntech, we also providers in the office, on the
offer innovative WealthTech move, or working from home.
and RegTech services.

INDICES ETFs
SIX has a product range for The acquisition of ULTUMUS
the Swiss and Spanish markets enables SIX to offer its clients
that provides investors and access to a data universe on
issuers with the benchmarks approximately 7,700 ETF
they need to measure perfor- products, which corresponds
mance and trade key segments to 95% of the market, making
and strategies. SIX one of the biggest ETF
and index data specialists in
In addition to Switzerland’s the world.
flagship SMI, SBI, and SARON
indices, SIX also provides the By combining the leading
IBEX 35 – the leading index position of ULTUMUS regar-
for the Spanish market – and ding ETFs with the core
offers a broad range of Nordic competencies of SIX in the
benchmarks and a variety of areas of trading, post-trade,
ESG, strategic, thematic, and and data services, SIX is able
client-specific indices. Many to offer market-leading ser-
ETPs, funds, and derivatives vices to its clients involved in
are based on indices from SIX, the ETF market.
and billions of assets are asso-
ciated with indices from SIX.

SIX — 15
Drive — PERFORMANCE

BANKING SERVICES
We have been handling payment transactions in Switzerland
for more than 30 years. When digitalizing processes, we
take the lead and continue to develop the circulation of
money, whether electronic, card-based, or cash. This allows
banks to focus on their core business.
 six-group.com/banking-services

BILLING AND PAYMENTS

With eBill, the payment of invoices


in e-banking, SIX is driving the
digitalization of payments. At
the same time, the QR-bill
bridges the gap between the
paper-based world and the

893.5 digital one.

mn On behalf of and under the


supervision of the Swiss
National Bank, all inter-
In 2021, SIX processed
893.5 million transactions bank payments in Swiss
via the SIC interbank francs are processed
payments system. via the SIC (Swiss Inter-
bank Clearing) system
operated by SIX.

Moreover, thanks to instant


payments, customer payments
will be processed within seconds,
24/7/365, beginning in 2024.

SIX — 16
Drive — PERFORMANCE

DEBIT AND MOBILE CONNECTIVITY


CASH AND ATMs SOLUTIONS (OPEN BANKING)
SIX operates more than 6,000 SIX is the preferred partner for With bLink, SIX provides
modern and efficient ATMs in the processing of debit cards in the Swiss financial center with
Switzerland and Liechtenstein. Switzerland and Liechtenstein. an efficient, secure, and
Its services include monitoring Together with the banks, SIX comprehensive open banking
of ATMs, coordination of main- has offered this new generation platform for the standardized
tenance, and handling of cash of cards since 2020. exchange of data and services
processes. via cutting-edge interfaces
Moreover, SIX assumes respon- (APIs).
A unified software implement- sibility on behalf of the card
ed by SIX standardizes and issuer for the prevention of card- The platform allows its market
optimizes transactions across related fraud as well as for participants to establish
all ATMs. chargebacks, and offers e-com- innovative API-based solutions
merce services for the new for both private and business
generation of cards. clients.

SIX — 17
Drive — INNOVATION

Drive —  INNOVATION

SIX is optimally positioned to play an active part


in shaping the future of the Swiss financial center.
We have a deep understanding of industry needs
and expectations of consumers.

INNOVATION
FIELDS 40%
Innovation is firmly SIX expects that in 2030, around 40% of
global retail sales will be derived online.
rooted at SIX. We are
The SIX white paper titled “Future of
constantly explor- Brick-and-Mortar Commerce” points out
ing new avenues, how traditional brick-and-mortar stores
questioning the sta- will nonetheless continue to exist.
 six-group.com/research-reports
tus quo, and taking
advantage of every
business opportunity.
Relying on specialist
knowledge and exper-
tise, SIX develops innova-
tions and thought leadership
in pertinent areas: SIX developed
the world’s leading market infra-
structure for digital assets, cre-
ated the basis for innovation in
open banking and open finance, and in the area of data and ana-
offers modern solutions for se- lytics, and is transforming itself
curity and data protection, is a from a data provider to a provider
pioneer generating new ideas in of artificial intelligence.
investment and asset services  six-group.com/innovation

SIX — 18
Drive — INNOVATION

SIX FinTech Ventures – Transformation


of the Swiss Financial Center

With its corporate venture capital fund, SIX supports national


and international startups that have ideas and solutions for new
financial services. We focus on startups that make processes
more efficient or that develop new customer groups.

SIX — 19
Drive — INNOVATION

INNOVATION AS
TRADITION
Innovation is embedded in the
DNA of SIX: 1961 – the world’s
first televised stock exchange;
1996 – the first fully electronic
trading; 2021 – the launch of
SIX Digital Exchange (SDX).
With SDX, SIX will be operating
within a fully regulated,
integrated trading, settlement,
and custody infrastructure

CHF for digital securities, all based


on distributed ledger
technology.

50 mn
SIX launched a corporate
venture capital fund endowed
with CHF 50 million in order
to promote innovation within
the Swiss financial center.

PROMOTING STARTUPS

Since 2018, the SIX FinTech Ventures corporate venture


capital fund has been investing in startups that have the
potential to become established, successful companies that
generate lasting benefits for the financial market. As early
as 2015, the F10 FinTech Incubator & Accelerator began
promoting startups with the potential to open new hori-
zons for the financial centers of Switzerland, Spain, and
Singapore. SIX founded F10 and is now one of 13 corpo-
rate members and its main sponsor.
 six-group.com/fintech-ventures
 six-group.com/start-ups

SIX — 20
Drive — STABILITY

Drive —  STABILITY

Without our powerful infrastructure, the Swiss


economy would grind to a halt. SIX makes a
vital contribution to the stability and security of
the Swiss financial center.

SECURITY AND
AVAILABILITY
The systems of SIX are designed to
withstand situations of extreme
stress. In order to ensure
continuous operation, the

4 bn data centers by default are


also fed by independent

Access and redundant power


lines. In the event of a
serious power outage,
Requests operations switch over
to the backup data
The Security Operations Center
center. Business
at SIX registers, correlates,
and verifies up to 4 billion continuity plans for all
access requests to the SIX relevant business
IT network each day. processes ensure that SIX
is able to provide or
quickly restore its services
even in a crisis.

This commitment to our share-


holders, more than 120 national and
international financial institutions,
guarantees stability, client centricity, and
competitive rates.

SIX — 21
Drive — STABILITY

SUPERVISION AND REGULATION

All areas of SIX engaged in securities trading and settle-


ment are subject to the direct supervision of the Swiss
Financial Market Supervisory Authority (FINMA) and
to the Swiss Financial Market Infrastructure Act (FMIA).

Swiss law requires that stock exchanges independently


enact, monitor, and enforce regulations for issuers and
stock exchange participants. The Regulatory Board is
responsible for setting the rules, while the Sanctions Com-
mission, the Appeals Board, and the Board of Arbitration
pass judgments. SIX Exchange Regulation enforces the
rules as an independent subsidiary of SIX.
 ser-ag.com

2 of 3
Approvals COMPLIANCE AND DATA
PROTECTION
In Switzerland, SIX holds two of
the three regulatory approvals
SIX and its employees naturally
issued by the Swiss Financial Market
Supervisory Authority (FINMA): comply with all local, national,
one for SIX Swiss Exchange, and and international laws and re-
the other for the SDX digital exchange gulations. In the course of its
since 2021. The digital exchange business activities, SIX collects
offers a fully integrated and secure
and processes a large volume 
end-to-end service for the trading,
settlement, and custody of of data. Protecting this data is
digital assets. its top priority. SIX safeguards
the personal rights and privacy
of employees, clients, business
partners, and other interested
parties, and complies with na-
tional and international legal
requirements. This is the foun-
dation for our trusting business
relationships.

SIX — 22
Drive — STABILITY

QR-bill and eBill – Digitalization of


Payment Transactions

The QR-bill is digitally readable and thus bridges the gap between
the paper-based world and the digital one. eBill minimizes the last
media discontinuities and digitalizes the entire value chain from
billing to payment.

SIX — 23
Drive — EXPERTISE

Drive —  EXPERTISE

SIX invests in the ideas, knowledge, and the development


of its roughly 3,800 employees. As experts with a variety
of backgrounds and skills, they share their expertise with
the entire financial center.

DIVERSITY IN THE WORKFORCE

From acknowledged experts to ambi- and training. Almost a third of our


tious young apprentices, our workforce workforce are women. SIX has the
includes people with a wide variety of strategic goal of promoting inclusion
experience, professional backgrounds, and diversity within the company
and aims to increase the proportion
of women in management positions
to 25% by 2023. In order to achieve
this goal, SIX champions the causes
of gender equality and equal oppor-
tunity. This includes unbiased
recruiting, equal pay for equal
work, work-life balance, fair
and transparent career de-
velopment, flexible work-
68 ing arrangements, and
modern management
SIX is active in 21 countries –
81% of our workforce is located in principles. In addition,
our home markets of Switzerland employee initiatives such
(60%) and Spain (21%). A total of as the Gender Diversity
68 nationalities are represented Network, Parents@Work,
in our workforce, and the
and the LGBT+ Communi-
average age of our
employees is 44. ty contribute in the same
way as the Graduate or
Internship Program for later-
al entrants and immigrants.

SIX — 24
Drive — EXPERTISE

SIX Spirit – A Strong


Corporate Culture Defines Us

SIX Spirit describes our attitude toward the


company and to life at SIX, and is the core of
our actions. Our values of Customer Focus,
Collaboration, Ownership and Trust are
included in this. Together with all employees,
the SIX Spirit is continuously strengthened
and developed within communities, modern
training and workshops, and targeted projects.

SIX — 25
Drive — EXPERTISE

SIX AS AN EMPLOYER

SIX invests in bright people who will jointly shape


the future of the financial markets. This includes not
only individual development programs, but modern
forms of work such as flexible annual working time,
options to purchase additional vacation time, and
working from home. We also support employees beyond
their working time through a voluntary family allowance;
four-week paternity leave; advice on medical, social,
or legal questions; sports and recreation opportunities;
public transit subsidies; and additional discounts.
 six-group.com/careers

100 SHARING KNOWLEDGE


Courses
Each year, SIX conducts As a thought leader within
more than 100 training the Swiss financial center, we
and development not only consider the future,
courses.
but also share our insights with
all our stakeholders, be it in
white papers, studies, during
events, or in personal discussi-
ons. We are a member of many
national and international
industry associations, we co-
operate with universities such
as the Swiss Federal Institute
of Technology in Zurich and
the University of St. Gallen, and
we collaborate with startups
via the F10 FinTech Incubator
& Accelerator.

SIX — 26
Drive — RESPONSIBILITY

Drive —  RESPONSIBILITY

As an essential player in the Swiss financial center, SIX


supports the sustainable and responsible growth of the
financial industry and drives it forward.

SUSTAINABLE FINANCE

SIX Swiss Exchange has been a trading venue With specific ESG equity and bond
for green bonds since 2014 and for sustain- indices, SIX offers the basis for
ability bonds as well since March 2020. Spain, investing in sustainable Spanish
the second domestic market for SIX, ranks and/or Swiss companies with
among the ten most active countries world- financial products.
wide in terms of issuing sustainable bonds.
In addition, several of our Nordic
indices offer filters for ESG, SRI, or
sustainability that can be used for
benchmarking or for index funds.
SIX Exchange Regulation allows all
issuers to opt in for the submission
of sustainability reports that have
been published in accordance with
an internationally recognized

EUR
standard (e.g. GRI).

Although SIX is not a publicly

74 bn traded company, it leads by


example and prepares its
The tradable volume of
report in accordance with
green bonds on the Spanish the GRI standard.
exchange at the end
of 2021 amounted to
EUR 74 billion.

SIX — 27
Drive — RESPONSIBILITY

FINANCIAL LITERACY

Today, self-determined parti-


cipation in society is no longer
possible without knowledge
of the financial system and the

1.5%
money economy. Financial liter-
acy has therefore become one
of the most important elements
of general knowledge. In its pub-
As part of the Zurich Energy Model, lications, and especially in
SIX increases its energy efficiency by tandem with the Swiss Finance
at least 1.5% each year. Museum and the Instituto BME
This corresponds to roughly
in Spain, SIX demonstrates how
300 tons of CO2.
important the financial industry
is in the daily life of each of us.
The first and only finance muse-
um in Switzerland – a country
known for its banks – explains
the functioning of the economic
system and the stock exchange
by means of its multimedia and
interactive exhibition. SIX also
ENVIRONMENT AND CLIMATE hosts lectures here and orga-
nizes workshops for children
SIX takes a mindful and responsible approach to the and adolescents. The Instituto
use of natural resources. We continuously evaluate BME facilitates financial liter-
measures for reducing our ecological footprint. As part acy at all levels of society with
of the Zurich Energy Model, we are committed to increa- a range of courses on the finan-
sing our energy efficiency by 1.5% annually. Our cial market and financial pro-
environmental management plan includes waste ducts, fintech, regulations, and
separation and recycling, reducing plastic waste, and more.
continuous improvements at our buildings. We are  finanzmuseum.ch
currently collaborating with the Myclimate Foundation  institutobme.es
to develop a comprehensive climate strategy.

Throughout the year, the SIX Social Days corporate


volunteering program involves employees from
various international locations, supporting non-profit
environmental and social projects.
 six-group.com/responsibility

SIX — 28
Drive — RESPONSIBILITY

Future of Wealth Management

Wealth management is considered one of the most important


business activities in the Swiss financial sector, in which trillions
of Swiss francs of personal assets are managed by domestic
banks. However, as with other financial spheres, the wealth
management sector faces a number of challenges, particularly
with regard to technology and how data are handled.*

*
White paper “Future of Wealth Management”: six-group.com/research-reports

SIX — 29
SIX

OUR PURPOSE
We strengthen the competitiveness of our clients in our
domestic and international financial markets through
top-class services and innovation.

WHAT WE DO
SIX provides and operates stable and efficient
infrastructure for the Swiss and Spanish financial
centers, thus ensuring access to the capital markets
and the flow of information and money between
financial market players. We are the Swiss competence
center for payments and other banking services.
We provide data, regulatory services, and indices to
customers around the world.

SIX BY THE NUMBERS


(As of December 2021) CHF 73
mn
Group net profit
for 2021

CHF
1.5 bn
Operating income generated
by SIX in 2021

SIX — 30
1.28 trillion
The trading volume (in Swiss
francs) that was processed by the
Swiss stock exchange in 2021

3,800
Employees working for SIX
in 21 countries

893 million
Number of transactions
that payment transactions
generated between banks
via SIC in 2021

EUR
2 trillion
Combined free-float market
capitalization of stocks trading
on SIX Swiss Exchange and
BME Exchange at the end of
February 2022

Interested in more facts and figures? Take a look at the SIX Annual Report.
 six-group.com/annual-report

SIX — 31
The Future
of Finance
Is Now
 six-group.com/future-finance

SIX — 32
SIX Is Present in 21 Countries Worldwide

Norway Sweden
Oslo Stockholm

Luxembourg Denmark
Copenhagen
Netherlands
Amsterdam Poland
Warsaw
Belgium
Brussels Germany
Frankfurt
UK
London Austria
USA Edinburgh Vienna
New York
Stamford CT
Boston

Canada
Membertou

USA
Miami

Morocco Italy Japan


Casablanca Milan Tokio

Switzerland Singapore
Zurich
Colombia Olten
Biel
Bogota Geneva
Spain
Madrid Monaco
Barcelona
Bilbao France
Valencia Paris
Publisher
SIX Group Services Ltd
P. O. Box
8021 Zurich
Switzerland
+41 58 399 21 11
six-group.com

Conception and Design


NeidhartSchön AG, Zurich

Design and Realization


SIX

Photography
Nils Sandmeier; except p. 17, 27
(Getty Images)

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