PEA Immo SA

Exercise of all activities in the field of real estate, in particular construction, renovation, development of real estate, purchase and sale, brokerage and administration of properties, as well as the exercise of all activities aimed at developing and achieving its purpose, directly or indirectly related thereto; the company may engage in all financial, commercial or industrial activities, movable or immovable, directly or indirectly related to its purpose, open branches or subsidiaries in Switzerland and abroad, participate in all enterprises having a direct or indirect connection with its purpose and grant loans or guarantees to shareholders or third parties, if it serves its interests.