MSC MEDITERRANEAN SHIPPING COMPANY HOLDING SA

The company's purpose is to subscribe to, purchase, sell, administer, control and manage participations in companies or commercial, financial, industrial, movable or immovable property companies, directly or indirectly. The company may, directly or indirectly, acquire, hold, use, manage, administer, rent, operate, maintain, build, develop, transform, develop, subdivide, mortgage, sell, transfer or dispose of all movable or immovable property in any form. The company may grant loans or other financing to affiliated companies or third parties and provide security of any kind for the obligations of affiliated companies or third parties, including guarantees, pledges and fiduciary assignments of the company's assets. The company may carry out all operations within the framework of the purpose or allowing to achieve the social purpose and may take participations in all companies or societies having a similar or analogous purpose in Switzerland or abroad. The company may establish branches in Switzerland or abroad.