PARKING PROPERTIES AG

The company's purpose is to own and operate parking garages, as well as to sell, produce, trade and engineer technical equipment and devices, and to grant and manage the corresponding patents and licenses. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as 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 provide guarantees and sureties for its subsidiaries and third parties.