Chuard Restauration SA

to acquire, hold, manage and dispose of direct and indirect participations in all types of companies, in particular in the field of holding and operating public food service establishments, and importing and exporting related products. It may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in all enterprises having a direct or indirect connection 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.