APAL Holding SA

Purchase, ongoing management, sale and holding of commercial, industrial and financial interests in Swiss and foreign companies; execution of all financial transactions related to this activity and management of all businesses that are beneficial to the purpose and interest of the company; participations; purchase or sale of real estate; may also grant loans or other financial services to its direct or indirect shareholders, sister companies and direct and indirect subsidiaries, and may grant any security on its assets, including pledges, fiduciary transfers or guarantees of any kind, to guarantee the obligations of its direct or indirect shareholders, sister companies or direct and indirect subsidiaries.