EXCELLENCE HOLDING AG

The company's purpose is to acquire, hold, manage and dispose of participations in companies as well as rights, in particular intellectual property rights, on its own account and on behalf of third parties, and to provide related services. The company may acquire, hold and dispose of participations in Switzerland and abroad, establish branches and subsidiaries in Switzerland and abroad, acquire, hold and dispose of real estate. The company may participate in other companies in Switzerland and abroad and conduct all business that is directly or indirectly related to its purpose. It may also provide financing for its own account or on behalf of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.