CHDR AG

The purpose of the company is to provide consulting and administrative services. The company may establish branches and subsidiaries in Switzerland and abroad. The company may enter into transactions with subsidiaries, in particular with its direct or indirect shareholders and other group companies, even without adequate consideration. It may grant loans to affiliated companies or provide security for their obligations. The company may acquire, manage, encumber and sell real estate and participations in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.