INNOVAT PROPERTY SA

Services in the financial and administrative fields, administrative management of real estate in direct and indirect relation with the social purpose. The company may undertake all movable and immovable property operations and conclude all contracts that are of a nature to develop its purpose or relate directly or indirectly thereto; carry on any financial, commercial or industrial activity in direct or indirect relation with its purpose; create branches or subsidiaries in Switzerland and abroad; participate in all enterprises in Switzerland and abroad having a direct or indirect relation with its purpose; grant loans or guarantees to shareholders or third parties, if this promotes its interests.