FOLAY Nautica GmbH

The company's purpose is to acquire, rent, lease, build, repair, and operate racing and recreational boats (in particular sailboats) with or without crew, organize and conduct tours for its own purposes or for third parties, provide training, support, and consulting services for boat personnel, provide additional services related to its nautical activities, and trade in boats and nautical articles of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. 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 securities for liabilities of affiliated companies.