Laurent Marchesi et fils SA

The company's purpose is to engage in any activity in the real estate sector, such as managing, organizing and supervising construction and renovation work, buying, holding and selling properties, real estate brokerage, steering and promoting real estate, advising on property insurance and mortgage financing, setting up, administering and managing real estate investment vehicles, as well as providing services (in particular expert opinions) in the field of real estate; however, the company may only hold, directly or indirectly, properties in Switzerland if they have an exclusively commercial use (for full purpose see articles of association).