The purpose of the company is to operate a representative office of Bank of Africa SA, Morocco, in Switzerland. The company will monitor local market activities and serve as a link between the parent company and Swiss customers, without representation authority for the parent company. The focus of the activity lies in activities such as market research, establishing business contacts and promoting the activities of the parent company. The company may establish subsidiaries and branches, as well as participate in other companies. The company may acquire, hold, encumber and dispose of real estate and intellectual property rights. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company may grant loans and other direct or indirect financing to group companies and third parties, including their (direct and indirect) shareholders and their group companies, including within the framework of cash pooling agreements, and provide security of all kinds for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.
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