KAR Management AG

The purpose of the company is the trade, marketing, brokerage and rental of movable and immovable assets, the marketing and brokerage of real estate, the real estate business as well as the organization and planning of construction work. It can establish and participate in all financial, commercial or industrial activities, movable or immovable, branches or subsidiaries in Switzerland or abroad that are directly or indirectly related to this purpose and, if it serves its interests, grant loans or guarantees to shareholders or third parties.