MARETSE SA

Acquisition, sale of land, construction of houses or buildings, investments, management, administration and operation of these; Purchase of materials and management of works; Rental of houses and buildings or any real estate object; Participation in promotions; Real estate brokerage. It may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable operations directly or indirectly related to its social purpose and may be interested, in any form, in all companies having a direct or indirect relationship with its purpose. The company may also establish branches and subsidiaries in Switzerland and abroad.