GRANDPA NS INVESTMENT AG

The company's purpose is to acquire, manage, utilize and sell direct and indirect participations in, as well as finance, companies in Switzerland and abroad, in particular securities and similar financial instruments, including private equity financing and financing through the provision of mezzanine capital or debt capital. It may establish branches in Switzerland and abroad, set up subsidiaries, acquire, hold, manage, encumber, utilize and sell real estate and intellectual property rights, and furthermore carry out all legal transactions that may be necessary to achieve the company's purpose, in particular also to provide security of any kind for the benefit of affiliated companies or otherwise secure or guarantee obligations of these companies, also without consideration, on preferential terms, excluding the company's profit motive and assuming cluster risks.