CVL IMMO SA

The company's purpose is to carry out all real estate transactions, in particular the purchase and sale of land and/or buildings; the promotion, construction, renovation, rental, administration, brokerage and management of any real estate property, in Switzerland or abroad, except for operations prohibited by the LFAIE. The company may carry out, on its own account or on behalf of third parties, any financial, commercial, movable or real estate transaction having a direct or indirect connection with its purpose. The company may establish branches and subsidiaries in Switzerland, take participations, found or finance Swiss or foreign companies having a direct or indirect connection with its purpose. It may grant loans or advances to its shareholders or related parties.