General Provisions (EMS)

1. This owner strategy is prepared on the basis of the municipal regulations of the municipality of Glarus Nord and the organizational regulations of the Glarus Nord retirement and nursing homes (APGN). The municipality is the sole owner of the APGN.

2. The interests of the municipality of Glarus Nord are represented by the Municipal Council. In doing so, it takes into account the entrepreneurial autonomy of the APGN and, in its capacity as representative of the owner, acknowledges the freedom of decision of the Board of Directors with regard to business strategy and policy.

3. In addition to defining the owner strategy, the municipality exercises its rights as owner, particularly through

a) the election of five of the seven Board of Directors members and the presidency by the Municipal Council;

b) information and reporting to the attention of the municipal assembly;

c) specifications from the Municipal Council for the institution's planning and reporting.

1. With their old people's and nursing homes, the APGN ensure the fulfillment of public duties in the field of elder care through the construction, operation, and maintenance of old people's and nursing homes in Glarus Nord.

2. The company is to be managed as an independent, competitive enterprise, according to business principles and resident-oriented.

1. **The Ownership Strategy sets out clear guidelines for determining the corporate strategy.** The corporate strategy must also be established within these guidelines. The Municipal Council commits to deviating from the stipulations in the Ownership Strategy only after thorough examination and consultation with the company's Board of Directors.

2. **The provisions in the Ownership Strategy must be integrated by the strategic and operational management levels of APGN in their activities.** Deviations are permissible only when necessary and after consultation with the Municipal Council.

3. **The Ownership Strategy shall provide security regarding the company's strategic direction for both the company's employees and its stakeholders.**

4. **The Board of Directors of APGN is responsible to the Municipal Council for compliance with the Ownership Strategy.**

1. The APGN ensure high-quality services at their locations in accordance with recognized principles in nursing and care. The APGN generate funds from their business operations to the extent necessary to finance investments in the enterprise. The APGN deploy financial resources cost-consciously.

1. The organs of APGN shall, when defining the corporate strategy and implementing it, observe social and environmental responsibility towards employees, residents, and business partners. This particularly applies to

a) Establishing and securing the position as an attractive regional employer;

b) Implementing measures to ensure the occupational safety of employees;

c) Ensuring continuous development of employees through targeted training and further education measures;

d) Ensuring dedicated and contemporary training for apprentices in various fields and for students from technical colleges, as well as providing internship opportunities;

e) Promoting resident and employee satisfaction;

f) Engagements in regional/national bodies;

g) Protection of nature and the environment.

1. ...

1.1 For the development of new strategic business areas, the approval of the Municipal Council must be obtained.

2. The consent of the Municipal Council is also required for transactions exceeding CHF 100,000.00, or if the participation of the APGN after the transaction exceeds one-third, or if a participation in a sale falls below the one-third threshold again.

3-4. ...

1. Services for third parties must at least cover their costs.

2. The Municipal Council must be informed early and comprehensively before entering into major, long-term financial commitments.

3. Services from the municipality and/or other service providers are to be procured based on quality standards (Service Level Agreements).

4. In the event of tariff adjustments, the Municipal Council must be informed in advance.

5. Information desired by the municipality will be obtained through template specifications for reporting.

1. The company adopts an organizational structure geared towards continuity. Job descriptions have been created for all functions.

2. All members of the Board of Directors shall be registered in the commercial register with collective signature by two.

3. The external appearance shall comply with the CD/CI Manual of the municipality.

4. The planning of new buildings shall be carried out in coordination with the relevant departments of the municipality. For the definitive implementation, the Municipal Council shall be consulted.

1. The APGN offer attractive jobs under fair conditions and ensure compliance with occupational safety regulations.

2. The institution's personnel policy is based on Article 15 of the APGN's Organizational Regulations. In all other respects, the Board of Directors is free to shape the personnel policy.

1. The APGN must establish and operate an appropriate risk management system. An internal control system (ICS) must be maintained as part of the risk management.

2. In the reporting to the Municipal Council, the APGN shall provide the following documents / reports

a) Annual financial statements and management report including audit report;

b) Status of the implementation of measures in risk management and in the ICS (as part of the annual financial statements and management report);

c) Oral reporting to the Municipal Council on business performance and the degree of target achievement in accordance with Art. 1 to Art. 3 (twice per year).

3. In the event of extraordinary occurrences (e.g., significant damage event, substantial budget deviations), the Municipal Council must be informed immediately.

4. The Municipal Council may request further information at any time.

1. The ownership strategy must be regularly (at least every four years) reviewed by the Municipal Council for completeness and accuracy.