EHRHARDT AG

The company's purpose is to buy and sell, manage real estate and plots of land, build houses and participate in companies that pursue similar goals. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties. The company can invest capital in securities of any kind.