GFS Global Financial Services AG

The purpose of the company is to provide consulting services in the financial and management sectors, as well as asset consulting and related services, in particular also asset management. Furthermore, the company aims to offer tennis lessons and provide services in the administration of tennis schools. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. 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 grant guarantees and sureties for subsidiaries and third parties.