Orazio Ciccarelli S.A.

The company's purpose is to operate a business in the fields of plastering, painting, tiling, wallpapering and all activities related to the construction and renovation of buildings. The company may, in Switzerland or abroad, carry out all activities, create branches, assume participations in all companies, engage in all operations directly or indirectly related to the company's purpose and suitable to develop it, excluding operations prohibited by the LFAIE. It may grant guarantees (including in the form of sureties, pledges or others), grant loans or advances to shareholders or third parties, provided that this promotes its purpose.