AIRBALL SA

The operation and maintenance of sports and leisure facilities; the trade in sports goods and articles; the promotion of sport and the provision of sports courses with supervision. The company may create subsidiaries in Switzerland and abroad and branches, as well as hold shares in any companies in Switzerland and abroad. The company may acquire, hold, and dispose of real estate, exclusively for commercial purposes if they are located in Switzerland, and intellectual property rights. The company may carry out all commercial, financial, or other operations that are directly or indirectly related to its corporate purpose. The company may grant loans or guarantees to its shareholders and the companies in which it participates and act as a guarantor for them.