KER INVESTISSEMENTS SA

The company's purpose is the acquisition, sale, holding and management of participations in all types of companies and enterprises in the hotel and restaurant industry. With regard to participations in real estate companies based in Switzerland, they will be limited to real estate companies whose properties are exclusively used for commercial purposes. The company may carry out, either on its own account or on behalf of third parties, all commercial and financial transactions directly or indirectly related to its corporate purpose. In particular, it may manage and direct the group it forms with its subsidiaries and sub-subsidiaries, as well as provide services to their benefit.