Phoenix Resources AG

The company's purpose is to trade in raw materials and goods of all kinds in the field of raw materials. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies of any kind, take over representations, and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company, or that are directly or indirectly related to it. It may also enter into financing for its own account or for the account of third parties, as well as guarantees, sureties, and pledge agreements for affiliated companies and third parties. It may acquire, lease, rent, manage, encumber, and sell real estate in Switzerland and abroad. The company may acquire, hold, manage, or sell any kind of debt or securities within Switzerland or abroad.