ARC Communities SA

The company's purpose is to develop and market real estate, as well as to buy, sell, broker and rent all types of real estate, except for transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may also contract any loan from banking institutions for the acquisition and development of real estate. Furthermore, it may carry out all commercial, financial or other transactions that are directly or indirectly related to its purpose and promote its development. It may also establish branches in Switzerland and abroad, take participations, found or finance companies that have a direct or indirect connection to its purpose. It may also grant loans or guarantees to shareholders or third parties.