The Swiss Helvetia Fund Inc. announced that the Board of Directors of the Fund has nominated Fred J. Ricciardi as a non-interested Class I Director and Jean E. Hoysradt as a non-interested Class III Director, to stand for election by stockholders at the Fund's 2017 Annual Meeting of Stockholders. The Fund also announced that Jean-Marc Boillat has resigned from the Board, and that David R. Bock intends to resign from the Board effective upon the commencement of the 2017 Annual Meeting, each for personal reasons. Mr. Ricciardi has been appointed by the Board as a Class I Director of the Fund, effective immediately, and will serve the remainder of Mr. Boillat's term, which will expire in 2019, if elected by stockholders at the Annual Meeting. Ms. Hoysradt will commence service as a Director of the Fund, and serve the remainder of Mr. Bock's term, which will expire in 2018, if elected by stockholders at the Annual Meeting. Mr. Ricciardi has an extensive financial, business and investment management background, having served for nearly 40 years in the investment management industry. Most recently, he served as an Executive Vice President leading business strategy and mergers and integrations for BNY Mellon's Asset Servicing business line, having also led the integration of BNY's business line merger with Mellon Financial Corporation in 2007. Mr. Ricciardi currently serves as a consultant to financial services companies, and is a member of the Board of Directors of the Pioneer Funds. Ms. Hoysradt served as Chief Investment Officer of Mousse Partners Limited, a private investment office based in New York, from 2001 to 2015. Ms. Hoysradt is a member of the Board of Directors of W. P. Carey Inc., and served as Vice Chairman of the Board's Investment Committee from June 2015 to January 2017. Ms. Hoysradt also is a member of Duke University Management Company's Board of Directors, and is Chair of its Audit Committee. In addition to Mr. Ricciardi and Ms. Hoysradt, Claus Helbig, a current Class II Director of the Fund, will stand for election at the 2017 Annual Meeting. Mr. Helbig was last elected by stockholders in 2014 to serve until the 2017 Annual Meeting. If elected, Mr. Helbig will serve a three-year term until the Annual Meeting of Stockholders in 2020, or until his successor is duly elected and qualified. As publicly announced by the Fund on December 6, 2016, Richard A. Brealey and Samuel B. Witt, III, Esq., who, along with Mr. Helbig, currently serve as Class II Directors of the Fund, will not stand for re-election by the Fund's stockholders at the 2017 Annual Meeting in accordance with the Fund's long-standing retirement policy.