MINVAL AG

The company's purpose is to manage family assets and to acquire and dispose of assets of all kinds, to acquire, manage and finance participations in other companies both domestically and abroad, as well as to manage its own assets. The company may establish domestic and foreign branches and subsidiaries and conduct all business directly or indirectly related to its purpose. The company may acquire, manage, encumber and dispose of real property both domestically and abroad. It may also provide financing for its own or third-party account and provide guarantees, sureties and other securities in favor of affiliated companies or third parties.