JARS IMMO AG

The purpose of the company is the construction, rental, management and operation of and trade in properties, as well as trade in and management of participations and financing. The company may also conclude all transactions and contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. The company may establish branches and subsidiaries and participate in other companies. The company is authorized to acquire, encumber, sell and manage real estate. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the establishment of the company's purpose.