This report complies with the SIX Swiss Exchange Corporate Governance Directive effective on 31 December 2010, where applicable to Bucher Industries. Unless otherwise stated, the information presented reflects the situation on 31 December 2010.

The Bucher Industries Group is organised into four divisions operating in four business segments and one segment with three independent businesses. The four divisions comprise: specialised agricultural machinery (Kuhn Group), municipal vehicles (Bucher Municipal), hydraulic components (Bucher Hydraulics) and manufacturing equipment for the glass container industry (Emhart Glass). Bucher Specials consists of: winemaking equipment (Bucher Vaslin), fruit juice processing equipment, drying systems for the food industry and dewatering municipal and industrial sludge (Bucher Unipektin) and the Swiss distributorship for tractors and agricultural machinery (Bucher Landtechnik). At Group level, a corporate centre provides finance and controlling, group development, legal and communications functions to support the Group and its companies in their activities. The Group's operational structure is shown in the chart below and detailed segment information is presented in the notes to the consolidated financial statements on pages 86 to 89 of this annual report.

Bucher Industries AG incorporated in Niederweningen, Switzerland, is the Group's holding company. Its registered shares are listed on the main board of the SIX Swiss Exchange and also traded on the over-the-counter markets of the Frankfurt, Stuttgart, Berlin and Xetra exchanges. Details are given in the investor relations section on pages 30 and 31 of this annual report. The consolidation includes all group companies owned directly or indirectly by the holding company, as shown on pages 123 to 125 of this annual report. None of these companies is listed on a stock exchange.

The registered shares are widely held by public shareholders. A group of shareholders organised under a shareholders' agreement, represented by Rudolf Hauser, Zurich, holds 34.14% of the voting rights, as published in the Swiss Official Gazette of Commerce (SOGC) on 10 May 2005. The essence of the shareholders' agreement has not been published. Bucher Beteiligungs-Stiftung held a total of 5.13% of the issued share capital, the voting rights attached to such shares being suspended in accordance with art. 659a par. 1 of the Swiss Code of Obligations. At the reporting date, the board of Bucher Industries AG is not aware of any other shareholders, or groups of shareholders subject to voting agreements, who hold more than 3% of the total voting rights. The disclosures reported in the year under review can be viewed via the following link: www.six-swiss-exchange.com

There are no cross-shareholdings between Bucher Industries AG and other companies.