ALVIFIM SA

All activities in the field of real estate in Switzerland and abroad, in particular taking participations, structuring transactions, consulting, management, buying and selling; the company may acquire and manage participations, on its own account or on behalf of third parties, in commercial or industrial companies, located in Switzerland or abroad, by acquiring shares, bonds, participations, holding claims or any other suitable form, acquiring patents and trademarks; it may grant loans to its shareholders or third parties, act as guarantor for loans subscribed by its shareholders or third parties, guarantee these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, pledge its assets to secure any claim (cf. articles of association for complete purpose)