JULION SA

Both in Switzerland and abroad, for its own account or for the account of third parties or in participation with them: all operations directly or indirectly related to the acquisition of participations in any form whatsoever, in any enterprise (but for those with real estate activities in Switzerland exclusively the enterprises limited to the acquisition of commercial real estate) as well as the administration, management, control and development of these participations, in Switzerland and abroad. The company may carry out for its own account or for the account of third parties all commercial, financial, industrial, movable and immovable operations in direct or indirect relation with its main purpose.