Ancolie des Alpes SA

The company's purpose is the development and marketing of real estate, as well as the purchase, sale, brokerage and rental of real estate; the company may also contract any loan from banking institutions for the acquisition and development of buildings. It may also carry out all commercial, financial or other operations that relate directly or indirectly to its purpose and promote its development. It may also establish branches in Switzerland and abroad, take participations, found or finance companies having a direct or indirect connection with its purpose. It may also grant loans or guarantees to shareholders or third parties.