Merces AG

The company's purpose is to acquire, hold and dispose of real estate and participations in companies of all kinds in Switzerland and abroad, as well as to provide services in the areas of management and administration. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage properties, licenses, patents and other intangible assets in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.