Beurer Immobilien AG

Planning, promotion, brokerage and execution of construction projects as well as acquisition, financing, brokerage and management of real estate; may acquire participations in other companies. The company may affiliate additional areas of activity, participate in other companies of any kind, acquire and sell properties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland 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 estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.