ACRON Aspen Snowmass Resort AG

Direct or indirect participation in companies in Switzerland and abroad, which are primarily active in the acquisition, management and disposal of domestic and foreign participations in real estate, whereby domestic participations are only possible in real estate with the character of a business establishment property in accordance with Art. 2 para. 2 lit. a of the Federal Act on the Acquisition of Real Estate by Persons Abroad of December 16, 1983, last amended on March 1, 2013 (BewG); complete purpose description according to the articles of association