SUM IMMO SA

The company's purpose (in strict compliance with the rules regarding the acquisition of real estate by foreigners) is: a) to carry out all real estate transactions, in particular the purchase and sale of all properties and real estate companies; b) to study, design, plan and execute, both on its own account and on behalf of third parties, projects in the real estate sector; c) as an ancillary activity, to carry out all commercial and financial transactions, movable or immovable, directly or indirectly related to the above-mentioned purposes, as well as to participate in all Swiss or foreign companies pursuing identical or similar purposes. The company may also grant loans and/or guarantees, in any form, to its shareholders or third parties. The company may exercise its activity both in Switzerland and abroad.