DUE VALLI SA

The consulting, purchasing, selling, managing, administering and renting for its own account of real estate in Switzerland and/or abroad. The company may assume representations, create branches and/or subsidiaries in Switzerland and/or abroad, participate in other Swiss and/or foreign companies, acquire and/or establish other companies and carry out any type of activity aimed at achieving the company's purpose. The company may engage in any business and conclude any contract in direct or indirect relation to this purpose.