Hohe Winde AG

Development of the Hohe Winde and its surroundings as a summer and winter recreation area, in particular the operation of a ski lift facility. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. Furthermore, it may acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for the account of third parties, and provide security for liabilities of affiliated companies.