Stefan Rechsteiner. - Universität Basel (lic. iur., 1996; Dr. iur., 2000)

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1 Stefan Rechsteiner Dr. Rechtsanwalt Partner Sprachen: Deutsch, Englisch, Französisch Kontakt: , Allgemeines Stefan Rechsteiner ist hauptsächlich im Staats- und Verwaltungsrecht und im öffentlichen Prozessrecht tätig. Sein Schwerpunkt liegt in der Beratung von Unternehmungen, die in regulierten Märkten tätig sind, hauptsächlich in der Energiebranche. Er vertritt Unternehmen regelmässig vor Verwaltungsgerichten und Regulatoren. Stefan Rechsteiner hat einen Lehrauftrag für Energierecht an der HTW Chur. Ausbildung - Universität Basel (lic. iur., 1996; Dr. iur., 2000) Teams Energie, Public Sector and Regulatory, Data & Privacy, Luftfahrt, Wirtschaftsstrafrecht 1/6

2 Tätigkeitsgebiete Compliance Support, Datenschutz, Energierecht, Luftfahrtrecht, Public Sector, Regulierte Märkte, Staatsrecht, Verwaltungsrecht, Wirtschaftsstrafrecht, Öffentliches Prozessrecht Referenzen Who's Who Legal (Switzerland 2018) - "Energy" "National firm VISCHER is the leading firm in this space and sees two lawyers selected for inclusion. Stefan Rechsteiner is one of the country's foremost energy practitioners who draws praise from sources for his excellent work representing energy companies before the administrative courts. Michael Waldner is highly recommended by market commentators as a leading authority on renewable energy matters as well as the regulation of energy markets." Legal 500 (EMEA 2018) - "Public Law" - Tier 1 "Public sector clients consider Vischer s response times, industry knowledge and appropriateness of advice outstanding. Andreas Albrecht and counsel Michael Waldner assisted multiple hospitals with regulatory and administrative court proceedings concerning tariff charges for hospital treatments to health insurance companies. The client roster also includes Repower and Swisslos. The knowledgeable Stefan Rechsteiner advises clients successfully over many years." Chambers Europe (2018) - "Corporate/M&A" "Stefan Rechsteiner is a long-standing figure in the Swiss energy law market. He has an extensive track record in regulatory matters and regularly assists clients with related administrative proceedings. One client states: 'He has comprehensive and detailed expertise in energy law, strong commercial awareness and a great deal of experience in negotiating.' He advised Reichmuth & Co Investmentfonds on its acquisition of SSB's shares in Swissgrid." Chambers Europe (2018) - "Energy" "Stefan Rechsteiner is a long-standing figure in the Swiss energy law market. He has an extensive track record in regulatory matters and regularly assists clients with related administrative proceedings. One client states: 'He has comprehensive and detailed expertise in energy law, strong commercial awareness and a great deal of experience in negotiating.' He advised Reichmuth & Co Investmentfonds on its acquisition of SSB's shares in Swissgrid." Best Lawyers Switzerland Recommended for Energy Law, Regulatory Practice. Who's Who Legal (Switzerland 2017) - "Energy" "National commercial law firm VISCHER boasts the country's foremost energy practice, achieving two listings. Stefan Rechsteiner is one of the most highly regarded practitioners in our research this year, and draws praise from sources who note that he is 'very skilled in energy law and its related fields'. Michael Waldner is recommended for his expertise in energy regulation, and is weil versed in representing companies before both administrative courts and regulators." Legal 500 (EMEA 2017) - "Public Law" - 1st tier "According to clients, Vischer stands out for its excellency in public law. It 2/6

3 successfully defended Swiss International Air Lines in administrative and subsequent appeal proceedings regarding its licence for flights between Geneva and Lugano, and has been acting for several hospitals in proceedings concerning tariffs chargeable to health insurance companies. Other clients include Axpo, Repower and Swisslos. The outstanding Stefan Rechsteiner, Stefan Kohler, Andreas Albrecht and counsel Michael Waldner are recommended." Legal 500 (EMEA 2017) - "Transport" "Vischer s outstanding aviation law practice regularly acts for Swiss International Air Lines, most recently in a dispute over Zurich airport charges. It also advised Element Financial on aircraft financing transactions. Urs Haegi and Stefan Rechsteiner are recommended." Legal 500 (EMEA 2017) - "German-Speaking Switzerland: Leading Firms" "Vischer excels in public law, where the outstanding Stefan Rechsteiner attracts praise, and in the regulated life sciences industry, where Stefan Kohler is recommended for regulatory and patent matters and Matthias Staehelin focuses on M&A transactions. Rolf Auf der Maur is a key figure on the media and telecoms side." Chambers Europe (2017) - "Corporate/M&A" - Energy [Band 1] "Stefan Rechsteiner is described as 'a real expert in regulation.' He is a market leader for advising clients from the energy sector on public and administrative law, and represents them in regulatory proceedings. He has a particular expertise in hydropower concession contracts." Who's Who Legal (Switzerland 2016) - "Energy" "Vischer achieves two nominations in this chapter, including the 'fantastic' Stefan Rechsteiner, who is described by peers as 'one of the top practitioners' in this area. He's joined by Michael Waldner, who runs a 'distinguished practice' that focuses primarily on energy and environmental law." Chambers Europe (2016) - "Corporate/M&A" "Public law expert Stefan Rechsteiner is sought out for his knowledge of the energy sector. He also advises clients on regulatory concerns and appears before administrative courts and regulatory bodies." Legal 500 (EMEA 2016) - "German-speaking Switzerland: Leading firms" "Vischer is particularly strong in public law, where Stefan Rechsteiner is a leading lawyer, and in the healthcare and life sciences sector, where Stefan Kohler has expertise in regulatory and IP matters and Matthias Staehelin regularly handles M&A transactions. Another industry strength is media and telecoms, where Rolf Auf der Maur is recommended." Legal 500 (EMEA 2016) - "Public Law" - 1st tier "Vischer has been representing Swiss International Air Lines in an administrative dispute regarding a licence for flights between Geneva and Lugano, which was appealed by competitor Darwin Airlines. The firm also successfully represented the utility company EKZ in a dispute with competitor AET regarding the right to supply electricity to the construction site of the Alp Transit Gotthard tunnel. Other clients include Swisslos and the University Hospital of Zurich. Very knowledgeable practice head Stefan Rechsteiner is recommended along with Andreas Albrecht and Stefan Kohler." Chambers Europe (2015) - "Energy" "Stefan Rechsteiner is widely regarded as one of the leading energy practitioners in the market. He has a particular focus on regulatory matters. Clients enthuse: 'He very quickly understands what I want and he is extremely efficient; time pressures are not an issue for him.' " Legal 500 (EMEA 2015) - "Public Sector" - 1st tier "Vischer has been representing Swiss International Air Lines before the Federal Administrative Court in a dispute with Zurich Airport regarding airport charges. It also advised Swisslos on several public and lottery law issues, and has been representing the University Hospital of Zurich in a dispute with 3/6

4 health insurers. Stefan Rechsteiner and Andreas Albrecht are recommended." Who's Who Legal (Switzerland 2015) - "Energy" "Two lawyers from Vischer are selected this year, including the 'excellent' Stefan Rechsteiner. He has earned a 'brilliant reputation' advising companies active in the energy market. Michael Waldner advises clients on renewable energies, climate law and the regulation of the power market. Peers describe him as 'committed' and 'strongly endorse' his skills in this sphere." Chambers Europe (2014) - "Energy" "Stefan Rechsteiner is considered to be a leading figure in Swiss energy law. He advises many leading energy companies, and counts Repower as a client." Who's Who Legal (Switzerland 2014) - "Energy" "Vischer fields two 'top-notch' Zurich-based lawyers to this edition. Stefan Rechsteiner leads the firm's energy team and his 'excellent' advisory and representative work has made him a 'notable figure' in the field. A 'star' in the field, Michael Waldner advises clients on renewable, regulatory matters and construction of power stations. He is 'definite inclusion' for many." Legal 500 (EMEA 2014) - "Public Sector" - Top-tier recommendation Vischer s team acts for REpower on energy and regulatory matters and in administrative disputes, with recent mandates including the sale of its highvoltage grid to Swissgrid. Another key client is Migros, which instructs the firm on public law and product-related regulatory issues. Stefan Rechsteiner is the main contact. Best Lawyers Switzerland 2013 Recommended for Regulatory Chambers Europe (2013) - "Energy" "Stefan Rechsteiner is a pre-eminent name for energy advice, an area in which he has a long-standing practice. "We need practical support and he is always able to provide this," says a client. "He has a lot of experience and is always responsive." He advises clients such as Repower on regulatory matters, and assists with strategic questions relating to the energy industry." Legal 500 (EMEA 2013) - "Public Sector" "Clients applaud Vischer for its professional and commercial approach and deep business knowledge. Regulatory head Stefan Rechsteiner is recommended for his strong experience and deep commitment to clients." Who's Who Legal (Switzerland 2013) - "Power" "Rechsteiner focuses on oil and gas regulation and is "highly pragmatic" in both advising and representing clients. Working alongside him is Michael Waldner, selected for his "top-class" work on market regulation, contracts and policy advice, with an emphasis on the electricity sector." Deals BKW Netzbeteiligung AG erwirbt 30.3% Swissgrid-Aktien von Alpiq BKW Netzbeteiligung AG, an der die CSA Energie-Infrastruktur Schweiz, eine Anlagegruppe der Credit Suisse Anlagestiftung, 49.9% und die BKW AG, eine börsenkotierte Schweizer Energiegesellschaft, 50.1% hält, erwirbt 30.3% Aktien an der Swissgrid AG, der Schweizer Hochspannungsnetzbetreiberin, von der Alpiq Gruppe (einer anderen Schweizer Energiegesellschaft) und verkauft davon eine 4.4% Swissgrid-Beteiligung an das Konsortium Sireso. Die Transaktion wurde am 14. Dezember 2016 vollzogen. VISCHER beriet die Credit Suisse Anlagestiftung. Das Team unter der Leitung von Dr. Stefan Rechsteiner (Partner, Regulatory) umfasste die Partner Dr. Felix W. Egli (Corporate M&A) und Dr. Robert Bernet (Corporate M&A) sowie die Associates Thomas Krizaj (Corporate M&A) and Dr. Peter Kühn (Corporate M&A). 4/6

5 Repower gliedert auf Swissgrid zu übertragende Stromnetze aus Repower AG und Repower Transportnetz AG gliedern gewisse 150kV und 132kV Stromnetze von Repower AG auf dem Wege der Vermögensübertragung in die Repower Transportnetz AG aus, als vorbereitenden Schritt zur Einbringung als Sacheinlage in die Swissgrid AG. Die Transaktion wird am 21. Dezember 2012 vollzogen. VISCHER berät Repower AG und Repower Transportnetz AG bei dieser Transaktion. Das Team von VISCHER setzt sich aus Stefan Rechtsteiner (Energierecht) und Felix W. Egli (M&A) zusammen. IWB erwirbt Beteiligung an Alpiq's Pumpspeicherkraftwerk Nant de Drance. IWB Industrielle Werke Basel erwirbt von Alpiq eine 15%-Beteiligung an der Nant de Drance SA, der Projektgesellschaft für das in Bau befindliche Pumpspeicherkraftwerk Nant de Drance, eines der aktuell bedeutendsten Infrastrukturprojekte im Energiesektor in Europa. VISCHER berät IWB in dieser Transaktion. Das VISCHER Team für IWB umfasst die Partner Robert Bernet (Corporate/M&A), Stefan Rechsteiner (Regulatory) und Christoph Niederer (Tax) sowie die Associates Peter Kühn, Thomas Krizaj, Roberto Peduzzi (alle Corporate/M&A) und Michael Waldner (Regulatory). Beruflicher Werdegang - Assistent Universität Basel, Senior Manager in der Rechtsberatung Ernst & Young AG in Zürich - Industry Leader Energy der Ernst & Young AG für die Schweiz Mitgliedschaften in berufsbezogenen Vereinen - Swiss Association for Energy Economics - International Bar Association 5/6

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