Société Economique et Financière (SEF) SA

The company's purpose is to acquire participations in all financial, commercial, industrial, movable and immovable enterprises, as well as to provide all services and advice, in particular in the financial sector, in Switzerland and abroad. It may create branches in Switzerland or abroad, carry out all financial, commercial, movable, immovable and other transactions, and conclude all contracts that are suitable for developing its purpose or are directly or indirectly related to it. The company may provide financial assistance, including loans, advances, guarantees or securities of all kinds, to its subsidiaries, sister companies, parent company or any other affiliated company, for consideration or free of charge. The company may also grant loans, advances, guarantees or securities of all kinds to third parties.