RANIEL Immo AG

The company's purpose is to acquire, hold, manage, sell, develop, broker, rent and lease real estate and properties. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and acquire, hold, manage, utilize and sell securities and intellectual property rights. It may grant and take out loans, provide guarantees and other securities for subsidiaries and third parties. It may conduct commission, financial and securities transactions, as well as brokerage activities. The company may engage in all commercial, financial and other activities that are suitable to promote the purpose of the company or are directly or indirectly related to it.