ae11 AG

Establishment, acquisition, permanent management, holding and disposal of domestic and foreign participations in companies, financing of other companies, purchase, sale, rental and management of real estate, as well as consulting services. May participate directly or indirectly in other companies. The company may establish branches and subsidiaries in Switzerland and abroad, may provide financing for its own account or for the account of third parties, as well as guarantees and sureties for subsidiaries and third parties, and may participate in other companies in Switzerland and abroad, and carry out all business that is directly or indirectly related to its purpose.