Carlo Gavazzi is covered by the analysts listed below. Please note that any opinions, estimates or forecasts regarding Carlo Gavazzi's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Carlo Gavazzi's management. Carlo Gavazzi does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.
| Bank Vontobel AG
Andreas Escher
+41 58 283 73 55
| Zürcher Kantonalbank
Michael Inauen
+41 44 292 31 00
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