Les Fougères 1900 SA

The company's purpose is the purchase and sale, promotion, development, operation, rental, maintenance, management, administration, brokerage, expertise and exchange of built or unbuilt properties, with the exception of operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), as well as any fiduciary activity. The company may: participate in all enterprises and carry out all mobile, financial, industrial and commercial operations directly or indirectly related to the realization of its purpose; grant loans to its shareholders and third parties, guarantee loans subscribed by shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other commitment, if it serves its interests; open branches in Switzerland and abroad.