I.P.M. Investment and Property Management AG

The purpose of the company is to conclude and execute financial transactions of any kind, as well as to make investments primarily in the areas of finance, real estate, participations, purchase and sale. The company may establish branches and subsidiaries in Switzerland and abroad. The company may acquire, encumber, sell, utilize and manage real estate in Switzerland and abroad. It may also provide financing for its own account and for the account of third parties, as well as enter into guarantees and sureties for subsidiaries and third parties.