KENSINGTON Finest Properties International AG

The company's purpose is to grant licenses for the brokerage, participation and/or financing of direct and indirect real estate ownership, the brokerage, development, purchase and sale, as well as the creation of marketing tools and training in the field of real estate, excluding licensed businesses according to the Federal Act on the Acquisition of Real Estate by Foreigners (BewG). The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad, excluding licensed businesses according to the Federal Act on the Acquisition of Real Estate by Foreigners (BewG). It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.