Artfarm Sils AG

The company's purpose is to operate a hotel and restaurant business, including all ancillary businesses. The company may also conduct any business that is suitable to promote and facilitate the development of the company. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct any business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad (excluding transactions subject to the Federal Act on the Acquisition of Real Estate by Persons Abroad). It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.