NADIA TRADE SA

The company's purpose is the import, export, distribution, purchase and sale of all manufactured or non-manufactured products, particularly writing instruments, leather goods, office supplies, art and fancy goods; the purchase, sale and rental of real estate, excluding operations prohibited by the LFAIE. The company may carry out all commercial, financial or other operations that have a direct or indirect connection with its corporate purpose in Switzerland and abroad. The company may acquire, hold and dispose of real estate within the limits of the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE). The company may grant direct or indirect financing, in the form of loans and/or any other form of financing or guarantees, with or without remuneration, to its direct or indirect shareholders, to third parties, or to companies in which it holds direct or indirect participations, as well as to companies in which its shareholders hold direct or indirect participations. It may establish branches and subsidiaries in Switzerland and abroad.