Grohe Résidences du Bon SA

The company's purpose is the trade, construction, general enterprise, and promotion of movable and immovable property, as well as all financial participations. Excluded are all real estate operations subject to or prohibited by the Federal Law on the Acquisition of Real Estate by Persons Abroad. The company may: exercise 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 enterprise directly or indirectly related to its purpose; grant loans or guarantees to shareholders or third parties, if this promotes its interests.