K+K Hotel GmbH

To engage in activities in the fields of hospitality, tourism, commercial consulting and participations. It may enter into transactions that promote the company's commercial purpose, directly or indirectly. The company may enter into financing transactions and may also provide guarantees for debts of affiliated companies (including its direct and indirect shareholders and companies affiliated with its shareholders), in particular in the form of guarantees, pledges, global assignments, transfers of ownership as security and transfers in its favor or in favor of other companies or individuals, as the case may be, with or without consideration; the company may also enter into treasury agreements.