Silvaris AG

The company's purpose is the acquisition, holding, development, management, and disposal of real estate in Switzerland and/or abroad. To this end, it may acquire, encumber, develop, lease, sublease, and dispose of real estate, as well as build and manage real estate portfolios. The development of real estate projects may be carried out by the company itself or in cooperation with third parties and includes, in particular, the planning, design, and construction of properties. The management of the real estate may be assumed by the company itself or by third parties and includes both operational and strategic management. Furthermore, the company may participate in joint investments in the real estate sector. The company may also invest in other companies in Switzerland and conduct all business that is directly or indirectly related to the company's purpose. The company may establish branches and subsidiaries in Switzerland and/or abroad and invest in other companies in Switzerland and/or abroad, acquire, hold, encumber, and dispose of real estate or intellectual property rights in Switzerland and/or abroad, as well as conduct all commercial, financial, or other business that is directly or indirectly related to the company's purpose. In addition, the company may grant loans or other financing, with or without consideration, to its direct or indirect shareholders and their direct or indirect subsidiaries, as well as to third parties, and provide security of any kind for the obligations of such persons or group companies, including guarantees, pledges, and fiduciary transfers of the company's assets. Furthermore, it may engage in or participate in liquidity balancing/net liquidity centralization (cash pooling), including periodic balance adjustments (balancing), with group companies, even without consideration, on preferential terms, interest-free, without the intention of making a profit for the company, and assuming clumping risks.