Orvalia SA

The company's purpose is to carry out any investment operations and any trade in goods and services in Switzerland and abroad in the field of construction, real estate or furniture. In particular, the company may acquire, sell, alienate, hold, build, lease, manage, administer, renovate, maintain, repair, carry out all plans, projects, financial plans for the execution of work, execute or have executed and supervise all work, carry out any brokerage, promotion, enhancement, import, export operations concerning real estate, personal property and securities, excluding operations prohibited by the LFAIE, and carry out all real estate or personal property transactions in general. It may also grant loans to third parties, shareholders or not. The company's purpose is to take financial participations in any Swiss or foreign group, company or enterprise, created or to be created, and this by all means, notably by way of subscription or purchase of shares, social shares, merger or grouping as well as the management of these participations, the coordination of these subsidiaries and participations, with the exception of operations prohibited by the LFAIE. The company may create branches in Switzerland and abroad, acquire companies with an identical or analogous purpose, or merge with such companies, carry out all operations and conclude all contracts aimed at developing and extending its purpose or relating directly or indirectly thereto, both in Switzerland and abroad.