Lavizzari Payot Degaudenzi Investissements 1225 SA

The purchase, sale, rental, management, brokerage, and promotion of all real estate, as well as all advisory and services in the field of real estate. The Company may, either on its own account or on behalf of third parties, carry out all financial, commercial, industrial, movable and immovable transactions in Switzerland and abroad, directly or indirectly related to the main purpose; create branches or subsidiaries in Switzerland and abroad; participate in all companies having a direct or indirect connection with its purpose; grant loans or guarantees to subsidiaries, shareholders or third parties. Furthermore, it may carry out all operations directly or indirectly related to its purpose or likely to promote its development.