CPFS AG

The company's purpose is to finance the companies of the Canadian Pacific Group and all related activities, such as managing loans and received financial resources, as well as monitoring interest payments. Furthermore, the company may engage in all commercial, financial, and other business activities that are determined and suitable to promote or facilitate the development of the company and the achievement of its purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, and sell real estate.