PAN HELVETIC AG

The company's purpose is to acquire, hold, sell, trade, manage and finance participations in other companies, real estate and currencies, as well as to trade in goods of all kinds. The company can acquire, manage, broker and sell licenses, patents and other intangible assets as well as real estate. It can establish branches and subsidiaries in Switzerland and abroad and conduct all business that is connected with the company's purpose or is suitable to promote it. The company can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.