Elephant CONSULTING AG

The company's purpose is to acquire, manage and dispose of assets of all kinds, as well as to participate in companies in Switzerland and abroad, and to manage its own assets, excluding activities that require a license under applicable Swiss financial market regulations. Furthermore, the company's purpose is to advise companies and provide related services. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties.