DUAL HOLDING SA

Holding, management and financing of participations in any Swiss or foreign company, particularly in the real estate sector. The company may also carry out, on its own account or on behalf of third parties, all financial, securities or real estate transactions, directly or indirectly related to its purpose, and may be interested in any form in similar companies. The company may also acquire, hold and sell participations, properties, intellectual property rights and securities, and may be granted loans. Finally, it may grant loans or any other form of financing to companies of the same group, as well as provide guarantees of any kind, for the direct or indirect benefit of companies of the same group or third parties, in particular in the form of guarantees, pledges or securities on the company's assets.