Groupe Z Holding SA

The company's purpose is to hold and manage participations in all commercial or financial companies on its own account or on behalf of third parties. The company may carry out all transactions that are directly or indirectly related to its main purpose, except for transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners. The company may grant loans or guarantees to shareholders or third parties if it serves its interests. The company may establish branches in Switzerland and abroad, participate in other companies or acquire or establish companies with an identical or similar purpose, carry out all commercial, movable or immovable transactions and conclude all contracts that are suitable for developing its purpose or are directly or indirectly related to it.