Avelar Management Ltd.

The purpose of the company is to provide management services, consulting and all related activities in Switzerland and abroad. Furthermore, the company may grant loans to its parent company, other group companies, as well as third parties, and provide guarantees or other securities for obligations of the parent company, other group companies, as well as third parties, affiliated with group companies. The company may establish branches in Switzerland and abroad, participate in other companies, and acquire other companies. It may carry out all commercial and financial activities that may be conducive to the realization of its purpose.