Cosimmo SA

All activities in the real estate sector, excluding all operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), in particular: the management, administration, operation and development of all properties, on its own account or on behalf of third parties; the purchase, sale and brokerage of all real estate; the execution of all renovation and transformation work on properties; the exercise of all mandates related to real estate activity. The company may grant loans or any other form of financing to its shareholders or third parties, as well as provide guarantees of any kind, for the direct or indirect benefit of its shareholders or third parties, in particular in the form of guarantees or pledges. Furthermore, the company may create branches or subsidiaries, in Switzerland or abroad; acquire, sell and manage participations in all industrial, commercial or financial companies; found, acquire or finance companies, carry out all operations and conclude all contracts that are suitable for developing its purpose or are directly or indirectly related to it.