ITS Intelligent Transport Systems AG

The company's primary purpose is to invest its funds mainly in the acquisition of rolling railway material. It provides renovation, maintenance, rental and trading, the provision of the necessary special vehicles and maintenance and repair services for such vehicles to third parties. It can also provide funds for such rolling stock investments to third parties. The company can conduct all business directly or indirectly related to this purpose, as well as take all measures suitable to promote or facilitate the development of the company and the achievement of its purpose. It can establish branches in Switzerland and abroad, acquire, exploit and sell patents and licenses, and participate in other companies, acquire or establish companies. It can also acquire, rent, encumber and sell real estate.