ARCONY AG

Acquisition, encumbrance, sale, management and development of properties. The company may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, sell and exploit patents, rights and licenses. It may provide financing for its own account or for the account of third parties and grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct any business or conclude any contracts that are suitable to promote the development of the company and the achievement of its purpose or are directly or indirectly related thereto.