Groupe Chuard SA

The acquisition, holding, management and taking of participations in all companies, in particular in the fields of real estate, construction and restoration. It may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in all enterprises having a direct or indirect connection with its purpose. The company may also establish branches and subsidiaries in Switzerland and abroad. It may grant loans or guarantees to subsidiaries, shareholders or third parties.