Lodge La Cordée SA

The company's purpose is: The operation of hotel establishments; the creation and management of a real estate portfolio, namely the purchase, sale, rental, promotion and development and all other forms of exploitation of all real estate properties in Switzerland and abroad (except for real estate transactions contrary to the LFAIE); the creation and management of a movable property portfolio in the broad sense, in particular the investment, subscription, firm commitment, placement, sale, purchase and negotiation of shares, securities, bonds, certificates and other securities issued by Swiss or foreign associations or companies that the company will hold in full or partial ownership, alone or in co-ownership. The company may also establish branches and subsidiaries in Switzerland and abroad (except for real estate transactions contrary to the LFAIE); the acquisition or permanent management of participations in other companies (except for real estate transactions contrary to the LFAIE);