De Laars AG

Acquisition, management and disposal of participations. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, carry out financing for its own account or for the account of third parties, as well as enter into security transactions, including guarantees, pledges, global assignments, security transfers and indemnification agreements for affiliated companies and third parties, even if these are in their exclusive interest.