March Capital SA

To carry out all activities in the field of real estate, in Switzerland and abroad, in particular the construction, acquisition, sale and administration of real estate, their exploitation including their rental and the acquisition of participations in real estate companies. The company may, either on its own account or on behalf of third parties, carry out all financial, commercial, industrial, movable or immovable transactions and offer all services and advice in the field of real estate directly or indirectly related to the main purpose, in particular real estate brokerage and financing of real estate transactions. It may also establish branches and subsidiaries in Switzerland and abroad. The company may also grant loans to its associates and/or guarantee, secure or guarantee loans granted by third parties to its shareholders.