SALLIN REAL SA

construction and transformation of buildings; purchase, sale, brokerage, management, administration, operation and development of real estate or movable assets; fiduciary operations and all operations related to these areas of activity. It may notably create branches in Switzerland and abroad, buy and sell buildings. The company may also carry out all operations intended to promote or facilitate the development of the company and the achievement of its social purpose. The company may, in particular, take participations in similar companies in Switzerland and abroad and it may - within the limits of the LFAIE - acquire, manage and sell real estate, patents, models, trademarks and licenses in Switzerland and abroad. The company may create branches, both in Switzerland and abroad.