Artal Bakery Holding SA

To acquire, purchase, subscribe to or otherwise become the owner of, sell, administer or manage participations in Swiss or foreign companies, excluding all real estate transactions prohibited by the LFAIE; to carry out any management and consulting activity of any kind and to provide financial assistance by any means, including personal loans or real guarantees, to subsidiary companies or third parties; to assist any company in acquiring, taking over or developing all or part of the company's assets and liabilities (cf. statutes for full purpose).