BENEM AG

The company's purpose is to purchase, develop, manage, and sell real estate. The company may establish branches and subsidiaries, both domestically and abroad, and may participate in other companies, both domestically and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell, and manage real property both domestically and abroad. It may also arrange financing for its own account or for the account of others, as well as provide guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct any business or enter into any contracts that are suitable to promote the development of the enterprise and the achievement of the company's purpose, or that are directly or indirectly related thereto.