Avalon Alpinum Advisory AG

The company's purpose is to operate a trust, consulting, real estate management and brokerage office. The company may also conduct all commercial, financial and other business activities that are directly or indirectly related to the company's purpose. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may also acquire, encumber, manage and dispose of real estate in Switzerland and abroad. The company may also acquire, develop, manage, exploit and dispose of intellectual property rights and licenses of all kinds. Furthermore, the company may provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties of all kinds for third parties and affiliated companies.