DELPA GROUP SA

The acquisition of participations for its own account or for the account of third parties in companies active in commercial, industrial or financial matters in Switzerland or abroad, as well as the realization of investments and placements, for its own account, particularly in the field of real estate, excluding operations prohibited by the LFAIE. The company is authorized to carry out all operations and conclude all contracts suitable for developing its purpose or relating directly or indirectly thereto. It may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts suitable for developing or achieving its purpose or relating directly or indirectly thereto.