LOAGET SÀRL

The company's purpose is to provide management and financial consulting services as well as the acquisition, holding, financing and sale of assets, participations and other investments, both in Switzerland and abroad, with the specification that it may only hold real estate or participations in real estate companies with exclusively commercial use in Switzerland. The company may grant loans, advances, guarantees or securities, against remuneration or free of charge, to any affiliated company, directly or indirectly. It may also grant loans, advances, guarantees or securities to third parties. The company may carry out all operations that are directly or indirectly related to its purpose, excluding activities subject to authorization under the Federal Act on Financial Institutions.