J. Otto Scherer Uhrmacher-Werkstätte GmbH

The purpose of the company is the purchase and sale, as well as the appraisal, expert assessment, and repair of both large and small watches. The company may establish branches both domestically and abroad, participate in other enterprises of any kind, assume representations, and enter into any transactions and conclude contracts that may be suitable to promote the purpose of the company or are directly or indirectly related thereto. It may also grant loans on its own account or on behalf of others, as well as provide guarantees, sureties, and pledge transactions for affiliated enterprises and third parties. The company may acquire, lease, rent, encumber, and dispose of real estate both domestically and abroad. The company may acquire, hold, manage, or sell any type of debt or securities, within Switzerland or abroad.