Proareal Invest AG

Trading and brokerage, financing and management of real estate, with the acquisition limited to properties that may be acquired by persons abroad without authorization under applicable Swiss regulations; may conduct industrial and financial transactions, participate in similar or related companies, acquire or establish similar or related companies, construct buildings as a general or total contractor, acquire, encumber, sell and manage real estate, buy and sell securities, make financial investments, grant loans, acquire or manage shares in domestic and foreign companies, and establish subsidiaries.