ZIVANS SA

The management and disposal of participations in other companies, the provision of services, in particular administrative and financial services, especially for the benefit of affiliated companies and subsidiaries. It may also grant loans or guarantees to its shareholders or third parties. The company may participate in other companies and establish branches and subsidiaries, both in Switzerland and abroad. It may acquire, hold and dispose of real estate and, in general, carry out any activity directly or indirectly related to its purpose.