Chuard Bâtiment SA

To acquire, hold, manage and dispose of direct and indirect participations in all types of companies, in particular those active in all building technologies. It may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable operations directly or indirectly related to its corporate purpose and may be interested, in any form, in all companies having a direct or indirect relationship with its purpose. The company may also establish branches and subsidiaries in Switzerland and abroad. It may grant loans or guarantees to subsidiaries, shareholders or third parties.