Foncière des 8 Lacs SA

The company's purpose is to carry out all commercial and financial operations related to real estate, in particular the purchase, sale, management, operation and construction of buildings, with the exception of operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may: exercise, in Switzerland and abroad, any financial, commercial or industrial activity, movable or immovable, directly or indirectly related to its purpose; create branches or subsidiaries in Switzerland and abroad; participate in any undertaking having a direct or indirect connection with its purpose; grant loans or guarantees to shareholders or third parties, if this promotes its interests or those of the group of companies to which it belongs.