8.17 Related parties

Due from

Due to

Amounts in 1,000 Swiss francs

31.12.2025

31.12.2024

31.12.2025

31.12.2024

Holders of qualified participations1)

6,823

40,317

31,748

327

Linked companies2)

194,790

208,408

209,491

208,542

Transactions with members of governing bodies

13,135

11,327

14,377

13,578

Other related parties3)

26,350

25,156

2,844

2,751

1)Canton of Lucerne

2)Public-law institutions of the Canton of Lucerne or mixed-economy enterprises in which the Canton of Lucerne holds a significant stake.

3)These are receivables and obligations towards legal entities closely related to the bank’s governing bodies.

Related parties include significant shareholders,the Executive Board, Board of Directors and auditors as well as associated companies and persons.

Transactions with related parties

Current and retired employees (including members of the Executive Board) and their family members living in the same household are eligible for generally-limited preferential conditions, as is customary in the industry. With the exception of the registered shares of Luzerner Kantonalbank AG deposited with LUKB without fees by the Canton, transactions are conducted for all related parties under the same terms that apply to third parties. Transactions include the granting of loans and credit, interest on deposits, account management, payments and securities transactions, etc.

Companies with close ties to members of the Board of Directors can participate in tenders for LUKB contracts. The member of the governing body concerned has no privileges when awarding the contract and is not represented in the decision-making process (abstention). During the reporting year and in the previous year, no contracts were awarded to related parties of members of the Board of Directors at terms other than what is customary in the market.