ARCT AG

The company's purpose is to acquire, manage, hold and dispose of real estate for itself and third parties, as well as to conduct all related business. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, and grant securities for liabilities of affiliated companies and third parties.