Ferring Properties SA

The company's purpose is the purchase, sale, rental, administration and management of real estate or personal property, excluding all operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), for its own use as well as for that of third parties. The company may open branches in Switzerland and abroad and may hold participations in other companies. The company may grant loans or any other form of financing to affiliated companies or third parties, as well as provide guarantees of any kind, for the direct or indirect benefit of affiliated companies or third parties. The company may engage in all activities that are directly or indirectly related to its corporate purpose.