Châtel Immobilien AG

The company's purpose is to create, purchase and sell, broker and manage real estate, as well as to conduct all business directly or indirectly related thereto. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real property in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant securities for the liabilities of affiliated companies.