Gruner Beteiligungen AG

The company's purpose is to hold and manage participations. In addition, the company may participate in, found, acquire and merge with other companies of any kind in Switzerland and abroad. It may acquire, encumber and sell real estate and intellectual property rights in Switzerland and abroad, and may establish branches and agencies in Switzerland or abroad by resolution of the board of directors. The company may carry out all commercial, financial and other activities that are connected with the company's purpose. Furthermore, it may grant loans to its (direct or indirect) shareholders or other group companies and also secure its obligations towards third parties in any form, in particular through pledges, security assignments or security transfers or guarantees of all kinds, for consideration or free of charge.