SD Management AG

The purpose of the company is the acquisition, management and disposal of participations in other companies in Switzerland and abroad, as well as all ancillary transactions related thereto, and the trade in goods of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other undertakings. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, grant and take out loans, and provide guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.