Cebev S.A.

The company's purpose is the purchase, development, construction, operation, rental, management and generally the development of real estate properties and their sale in bulk or in detail, etc. The company may, in Switzerland or abroad, carry out all activities, create branches, acquire or establish companies with an identical or similar purpose, participate in all companies, engage in all financial, commercial, movable, real estate and other operations and conclude all contracts that are suitable for developing its purpose or in direct or indirect relation to it. It may grant guarantees, make loans or advances to shareholders or third parties.