CWH SA

Acquisition and administration of participations, on its own account or on behalf of third parties, as representative or in a fiduciary capacity, in commercial, industrial, financial and real estate companies, located in Switzerland or abroad, by acquiring shares, bonds, participations, holding claims in any other suitable form. Acquisition of patents and trademarks. The company may acquire patents and trademarks, handle all operations that would be directly or indirectly related to its main purpose. It may grant loans to its shareholders or third parties, act as guarantor for loans subscribed by its shareholders or third parties, guarantee loans by issuing or pledging mortgage securities or by subscribing to any financial commitment, pledge its assets to secure any claim.