LAGONDA AG

The company's purpose is to acquire, create, hold, manage, broker and sell movable and immovable assets in Switzerland and abroad. The company may enter into any business and conclude any contracts that are suitable to promote the purpose of the company or that are directly or indirectly related to it. It may establish branches and subsidiaries in Switzerland and abroad, participate in or merge with other companies. Furthermore, it may acquire, hold and sell securities, grant loans, and carry out financing for its own account and for the account of third parties. It may also provide guarantees and sureties for its subsidiaries and third parties.