Power Engineers AG

Manufacture of heat exchangers of all kinds as well as other devices and accessories for heating technology. The company may establish branches, subsidiaries or affiliates in Switzerland and abroad, acquire, manage, encumber and dispose of real estate, intellectual property rights and participations in Switzerland and abroad, without adequate consideration, conduct business with or for the benefit of related parties, in particular its direct and indirect shareholders as well as other group companies, namely grant loans to these persons or issue guarantees, sureties, pledges or other securities to secure their liabilities.