Werner Lack AG

The company's purpose is to rent, manage and maintain its own or third-party properties, as well as to engage in nautical activities, in particular to buy, sell and broker ships and boat slips in Switzerland and abroad, and to trade in nautical equipment and accessories. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, and grant securities for liabilities of affiliated companies.