InterGlobe Enterprises (Gstaad) AG

The purpose of the company is to own, operate and manage one or more hotels and catering establishments and to provide other services in the hospitality industry. The company may establish, acquire, hold, sell or merge with domestic and foreign companies and acquire participations or shares in hospitality companies in any form, as well as take over their management, operation, development, management and disposal. Furthermore, they may carry out financing for their own account or for the account of third parties, as well as provide guarantees and sureties for indirect and direct subsidiaries and third parties. They may also grant loans or other financing to companies directly or indirectly connected with them, against payment or free of charge, and provide securities of all kinds.