AZUR LIFESTYLE HOLDING SA

The purpose of the Company is any type of investment, in particular the participation in companies and commercial enterprises, active in particular in the hotel and/or restaurant sector, as well as in real estate and industrial companies in Switzerland and abroad; the purchase, management and sale of shares and/or participation rights of national and foreign companies. The purchase, sale, design, construction and rental as well as the management and administration of real estate in Switzerland and abroad. The Company may participate in other companies with a similar purpose and carry out any other commercial or industrial operation or otherwise necessary or useful for the achievement of the company's purpose. The Company may open branches and/or subsidiaries in Switzerland and abroad.