FRANCO UGO SA

The company's purpose is to participate financially in any form in any company in Switzerland and abroad. To this end, the company may carry out any investment operation in the context of participations in companies or entities of any nature, namely the acquisition, holding and disposal of such participations, as well as all financial, guarantee and transaction operations connected with the company's purpose. The company may conclude contracts that promote the company's purpose or are directly or indirectly related to it, and may also establish branches in Switzerland and abroad.