KEWOBAG AG

The company's purpose is to acquire, sell, manage and develop properties in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. Furthermore, the company may conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose. It may grant loans and conduct leasing transactions. It may also carry out financing, securities and foreign exchange transactions for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.