TICREA SA

The company's activity as a general contractor and builder, as well as all related activities. The company may establish branches and subsidiaries both in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as conduct all transactions directly or indirectly related to the company's purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It is also authorized to provide financing on its own account and on behalf of third parties, as well as to grant guarantees and sureties for affiliated companies and third parties.