CLERDS GmbH

The purpose of the company is the development, planning, construction, management and sale of real estate and all related services. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, manage and sell participations, and acquire, hold, encumber, sell and manage real estate in Switzerland and abroad. It may acquire, manage and sell securities. It may carry out all commercial and financial transactions that may be conducive to the realization of its purpose. It may take out and grant loans, provide guarantees and other securities, acquire, manage and exploit intellectual property rights.