NIOUYOU HOLDING SA

Acquisition and administration of participations on its own account or on behalf of third parties, as representative or in a fiduciary capacity, in commercial, industrial, financial companies, located in Switzerland or abroad, by acquiring shares, bonds, participations, holding claims in any other suitable form; the company may grant loans to its shareholders or third parties, guarantee loans subscribed by its shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, pledge its assets to secure any claim (cf. articles of association for full purpose)