Pettinaroli Suisse S.A.

The company's purpose is all activities in Switzerland related to construction and mainly the trade of heating and plumbing equipment for water, steam and gas. It may engage in all financial or commercial activities that are directly or indirectly related to its purpose and promote its development. It may carry out these operations for itself or on behalf of third parties, as a representative, agent or commission agent, or have them executed on its behalf by third parties. It may grant loans to shareholders and third parties, grant leases, guarantee loans subscribed by shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment. The company may also establish branches in Switzerland and abroad and participate in other companies that pursue a similar purpose.