Car Ventures GmbH

The purpose of the company is to conduct financial business, credit and licensing business, hold participations and provide all services and conduct all business that are directly or indirectly related thereto. The company may grant loans or other financing to its direct and indirect parent companies, their direct and indirect subsidiaries, and also to its shareholders, against payment or free of charge, and provide security of any kind for the liabilities of such other companies, including by way of pledges on or fiduciary transfer of the company's assets or by guarantees of any kind. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may establish branches in Switzerland and abroad, found, participate in or merge with similar or related companies, and otherwise conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose.