PYC Investments SA

The company's purpose is the acquisition, administration and management of participations in all real estate, commercial, financial, industrial and other companies in Switzerland and abroad, excluding all operations prohibited by the LFAIE. The company may establish branches in Switzerland or abroad or take any participation in other companies whose corporate purpose is identical or similar to its corporate purpose; it may also acquire and hold real estate in Switzerland and abroad. It may grant loans or guarantees of any kind to third parties or to its shareholders.