LOCOR SA

The company's purpose is to acquire, sell, hold, and manage interests in all types of companies and enterprises, both in Switzerland and abroad, as well as to make investments in them. It may carry out, either for its own account or for the account of third parties, all commercial, financial, securities, or real estate operations (with the exception of operations prohibited by the LFAIE) directly or indirectly related to its main purpose. It may be interested in any similar enterprises in any form. It may also establish branches and/or subsidiaries in Switzerland and abroad. The company may also grant loans to its direct or indirect shareholders and to its direct or indirect subsidiaries and/or guarantee, endorse, or act as a guarantor for loans granted by third parties to its shareholders.