ALPNORD SA

The company's purpose is the acquisition and management of tangible and intangible assets, as well as investment advice; to carry out, for its own account or for third parties, all commercial, financial, tangible and intangible asset operations and to conclude all contracts suitable for developing its purpose or directly or indirectly related thereto, with the exception of operations prohibited by the LFAIE. It may participate in companies or enterprises with a similar purpose or other purposes and create branches in Switzerland and abroad, as well as grant and obtain loans or guarantees to shareholders or third parties.