EcoGuard Global AG

The purpose of the company is to conduct activities on the carbon market, to develop and maintain an advanced technological infrastructure for trading carbon certificates in accordance with national and international regulations, to analyze, secure and utilize cross-border opportunities for carbon trading, to buy and sell carbon certificates, to collaborate with buyers of carbon offset certificates and to establish strategic partnerships to promote the business on the global carbon market. It may establish branches both domestically and abroad, found subsidiaries, invest in related companies, as well as acquire, hold, manage, encumber, utilize, and dispose of real estate and intellectual property rights. Additionally, it may perform all legal actions that the company's purpose may entail, particularly granting financing to affiliated and other companies, providing securities of all kinds, or otherwise securing or guaranteeing the obligations of these companies. The company may grant direct or indirect financing to its direct or indirect subsidiaries as well as to third parties, including their direct or indirect shareholders and their direct or indirect subsidiaries, provide securities of all kinds for its own liabilities and for other companies (including direct or indirect shareholders of the company or companies in which these shareholders are directly or indirectly involved), including through pledges on or fiduciary transfers or assignments of the company's assets, or guarantees, act as a co-debtor, or provide sureties, or in any other way secure or guarantee the obligations of these other companies, whether for a fee or not. Furthermore, it may engage in liquidity balancing/concentration of net liquidity (cash pooling) with the aforementioned companies or join such an arrangement, including periodic account balancing (balancing). This may also be done without consideration, on preferential terms, without interest, excluding the profit-seeking nature of the company, and assuming clustering risks. The company may engage in all commercial, financial, and other activities that appear suitable to promote the company's purpose, are related to it, or are in the interest of the corporate group or its group companies.