Cézembre SA

The company's purpose is to acquire direct participations in any commercial, industrial or other companies in Switzerland or abroad, as well as to manage and sell such participations, excluding any transactions subject to the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE); any purchase and sale, management, representation transactions having a direct or indirect connection with its purpose and promoting its development, in particular the acquisition of direct participations (for full purpose see articles of association).