Hügli Verwaltungs AG

The company's purpose is the acquisition, sale, rental, leasing and management of real estate and land, the assumption of consulting mandates of all kinds, the execution of secretarial work, the brokerage of business, the trade in goods of all kinds, and the execution of construction activities of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.