Morandi Frères SA

The company's purpose is the acquisition, manufacture and sale of bricks, tiles and all building materials, as well as the transportation of goods. The company may also establish branches and subsidiaries in Switzerland or abroad. The company may manage assets for its own account or for the account of third parties and acquire, hold and sell real estate. The company may engage in commercial activities directly or indirectly related to its corporate purpose and take all measures that appear appropriate to promote its corporate purpose or that are related to it. The company may provide guarantees of any kind for the obligations of its direct or indirect subsidiaries, including the granting of pledges or fiduciary transfers of the company's assets or the provision of guarantees of any kind.