ALTUS Montres S.A.

The company's purpose is the production, purchase and sale of watches, watch components and precision instruments, as well as holding participations in domestic and foreign companies in the watch industry. Furthermore, the company may engage in all financial and commercial transactions that are directly or indirectly related to the purpose of the company. In particular, the company may grant loans, guarantees and other types of financing, as well as acquire, develop, manage and exploit patents, licenses and manufacturing processes. The company may establish or acquire subsidiaries in Switzerland and abroad, acquire, manage and sell real estate and intellectual property rights.