SANSERG AG

The company's purpose is to acquire, manage and dispose of participations; to acquire, develop, manage and sell real estate, as well as to carry out planning and design work in all areas of the construction sector. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies and conduct all business that is directly or indirectly related to its purpose. Furthermore, it may acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third-party account, and provide guarantees and sureties for subsidiaries and third parties.