IBEX LA COURONNE SA

The company's purpose in Switzerland and abroad is the acquisition and operation of hotels, restaurants and public establishments, as well as the acquisition and management of participations in all companies, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). Furthermore, it may: engage in any financial, commercial or industrial activity, whether movable or immovable, directly or indirectly related to its purpose; create branches or subsidiaries in Switzerland or abroad; participate in all enterprises having a direct or indirect relationship with its purpose; grant loans or guarantees to shareholders or third parties if it serves its interests.