International Lodges & Forests SA

The company's purpose is to engage in all activities in the field of real estate, in particular the acquisition, sale, rental, holding, operation, management, administration, brokerage, promotion and development of real estate, as well as the provision of all advice and services in the aforementioned fields, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), engage in any financial, commercial or industrial activity, movable or immovable, directly or indirectly related to its purpose; establish branches or subsidiaries in Switzerland and abroad; participate in any enterprise having a direct or indirect relationship with its purpose; grant loans or guarantees to shareholders or third parties, if it serves its interests.