Chernmatt AG

The company's purpose is to hold and manage, develop, encumber, build on, acquire and sell real estate in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, manage and exploit participations in Switzerland and abroad, and acquire or merge with similar or related businesses. It may acquire, exploit and sell patents, rights and licenses. It may provide financing for its own account or for the account of third parties and grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct any business or conclude any contracts that are suitable to promote the development of the company and the achievement of its purpose or are directly or indirectly related thereto.