GHL Betriebs SA

The company's purpose is the acquisition, holding and management of hotel, restaurant and other gastronomic enterprises, as well as related ancillary activities, in particular the management of a hotel in Locarno with its operational facilities. It may also provide services related to hotel activities as well as rent or sublet premises. The company is also authorized to assume representations and acquire, exploit and alienate patents, trademarks, licenses and other rights. The company may enter into all legal transactions and contracts that serve to promote the company's purpose. It may also establish branches in Switzerland and abroad, participate in other companies or merge with them.