AUTARCY SA

The company's purpose is the acquisition, holding, administration, management and sale of participations in any commercial, financial, industrial or other enterprise, excluding activities prohibited by the LFAIE. Furthermore, it may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in similar enterprises, in particular by acquiring participations in similar enterprises. The company may also establish branches and subsidiaries in Switzerland and abroad and grant loans or guarantees to shareholders or third parties if it serves its interests.