1 CHF/TB/month is a bit expensive for storage at that scale, so it would definitely be interesting to see what they're spending the money on and what they are (and aren't) counting in that price.
Tape backup, accessibility, networking, availability... At 1CHF/TB that's a lot better than my local university still charging >100x that for such services internally
Economies of scale in storage are significant. Also, I don't know why you put up with your university charging 100x that when you can store things on AWS for $5-10/TB/month (or less). That comes with all the guarantees (or more) of durability and availability you get from the university.
I assume most of that exabyte is stored in 2-3 datacenters, in which case the bandwidth cost is actually relatively small. Downloading it would cost a fortune (or take an eternity), but if it stays in the datacenter (or stays in AWS), bandwidth is cheap.