Smart Karting Company AG

The company's purpose is the distribution and marketing of electric karts, as well as the distribution, marketing and further development of the associated software, the maintenance and ensuring the upkeep of this software, and the financing of new developments in the field of karts and software, as well as ensuring the financing of distribution and marketing models. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.