Progress Holding AG

Participation in other companies, in particular in the field of manufacturing and distribution of chemical products for fuels and lubricants, cleaning agents and related products, and of injection and cleaning systems, the exploitation of patents and processes for their production and application, as well as the provision of consulting services; the company may establish branches and subsidiaries, participate in other companies, acquire, encumber, sell and manage real estate, and provide guarantees and securities for subsidiaries and third parties.