AIRPAD SA

The company's purpose is the construction, operation and maintenance of sports and leisure facilities and the provision of courses, training and further education. Furthermore, the company's object is the trade in goods of all kinds, in particular leisure and sports articles. The company may establish branches and subsidiaries in Switzerland and abroad and acquire participations in other companies in Switzerland and abroad, as well as carry out all activities 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 the account of third parties and grant guarantees and sureties for subsidiaries and third parties.