PAK Verwaltungs AG

The company's purpose is to hold and manage participations in other companies in Switzerland and abroad, to exploit licenses, patents and procedural rights (know-how) of any kind, as well as to provide services of all kinds in the field of personnel consulting and personnel care. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for subsidiaries and third parties.