Kauf Immobilien AG

The purpose of the company is to acquire, rent, hold and sell commercial properties, residential properties and plots of land, as well as to hold participations in companies active in the real estate sector. The company may participate in other companies, establish subsidiaries and branches in Switzerland and abroad, and carry out all legal transactions that may be necessary to achieve its purpose. The company may grant direct or indirect financing to group companies or third parties, including its direct or indirect shareholders and their direct and indirect subsidiaries, and provide security of any kind for the liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.