On April 10, 2024, zCapital AG announced that independent proxy advisory firm Institutional Shareholder Services supported its shareholder proposal regarding set a 2% ceiling on voting rights at the Bâloise Holding AG, and zCapital AG asking to change the rules that set a 2% ceiling on voting rights at the Company, arguing the amendment would make the Company more attractive, and Institutional Shareholder Services recommended the shareholders of the Company that they can vote on zCapital's proposal, at the annual meeting of shareholders scheduled to b held on April 26, 2024.