BSM GLOBAL AG

The company's purpose is to manage the family's assets and to acquire and dispose of assets of all kinds, to acquire, manage and finance participations in other companies in Switzerland and abroad, as well as to manage its own assets. The company may establish domestic and foreign branches and subsidiaries and conduct all business that is directly or indirectly related to its purpose. The company may acquire, manage, encumber and dispose of 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, sureties and other securities in favor of affiliated companies or third parties.