Defiance Capital AG

The company's purpose is to make direct and indirect investments in all types of public and private financial instruments, including but not limited to equities, fixed-income securities, commodities, derivatives, funds, and trading companies. The company may participate in commercial, financial, and industrial companies and engage in any other commercial and/or financial activity necessary to achieve its purpose. The company may also participate in other companies in Switzerland and authorize financial institutions or investment managers to make investments on its behalf in accordance with the instructions it provides.