IMMOBILIARE LIBECCIO SA

The company's purpose is: the acquisition, sale, administration and rental of real estate, the promotion of real estate transactions, the design, development of projects and the construction of residential and commercial properties, exclusively abroad; participation in companies, in particular the acquisition of shares and securities, as well as the management and administration of participations (excluding participations in Swiss real estate companies) and assets (excluding real estate in Switzerland). The company may, for this purpose, acquire assets of any nature and carry out any financial and commercial operation necessary and useful for achieving the company's purpose. The company may participate in companies and enterprises with a similar purpose.