BONAUD HOLDING SA

The company's purpose is to participate in other companies as well as all financial, commercial or industrial, movable or immovable operations that converge with these purposes, as well as all activities that allow the direct or indirect achievement of the aforementioned purpose. It may carry out all financial, commercial or industrial, movable or immovable activities in direct or indirect relation to its purpose, open branches or subsidiaries in Switzerland and abroad, participate in all companies having a direct or indirect relation to its purpose, and grant loans or guarantees to shareholders or third parties if it serves its interests.