PIVIA SA

The acquisition, sale, administration and management of participations in all commercial, financial, industrial, movable and immovable enterprises, both in Switzerland and abroad; it being specified that real estate transactions in Switzerland only concern buildings with exclusively commercial use and are therefore not subject to the LFAIE authorization regime. The company may carry out all commercial, financial, industrial, movable and immovable transactions for its own account or for the account of third parties in direct or indirect relation to its main purpose, in Switzerland and abroad, open branches in Switzerland and abroad and take participations in other companies with a similar or related purpose.