ASE IMMOBILIER SA

The company's purpose is the purchase, sale, and construction of all real estate and commercial properties, as well as the performance of all management, brokerage, insurance, administration, and fiduciary operations. The company may carry out any commercial, financial, or securities operations directly or indirectly related to its purpose. The company may also create branches or subsidiaries in Switzerland and abroad, take stakes, found or acquire companies that are likely to develop its purpose or that have a direct or indirect relationship with its purpose. The company may, for a fee or free of charge, grant loans to its shareholders or to third parties, or provide securities of all kinds to cover the commitments of its shareholders or third parties.