EMAD Immo AG

The company's purpose is to acquire and sell real estate, as well as to construct, rent, lease and manage buildings of all kinds, to develop and utilize real estate, and to trade in real estate. The company may establish branches and subsidiaries in Switzerland and abroad, and may 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 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, and may grant guarantees and sureties for its subsidiaries and third parties.