Montrose Properties SA

The purchase, sale, construction and operation of all properties in Switzerland and abroad, as well as all participations. The company is also authorized to engage in all commercial, movable, financial and real estate transactions and to conclude all contracts that serve to develop its purpose or relate directly or indirectly thereto in any form, in particular in the form of participations. The company may open branches in Switzerland and abroad, establish or acquire any business pursuing a similar or complementary purpose. The company may grant loans or guarantees to its shareholders or third parties.