EURO COMMERCIAL GROUP AKTIENGESELLSCHAFT

The company's purpose is to participate in domestic and foreign companies and to acquire, hold and dispose of participations, to provide services in the field of management consulting and to trade in goods of all kinds. The company may 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 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 grant guarantees and sureties for subsidiaries and third parties.