SEASHORES HOLDING SA

The acquisition, management and sale of participations of all kinds. The company may establish subsidiaries and branches in Switzerland or abroad, as well as any companies directly or indirectly related to its main purpose. The company may conduct all commercial, financial and real estate transactions in Switzerland and abroad, either on its own account or on behalf of third parties (with the exception of transactions subject to the Federal Banking Act), which are directly or indirectly related to its purpose. The company may grant loans or guarantees to shareholders, group companies or third parties if it is in its interest.