Smart Motel Group AG

The company's purpose is to trade, purchase, sell, advise on and broker motels, hotels and commercial properties and facilities, as well as plan and execute renovation and refurbishment work on such properties both domestically and abroad. The company may establish branches and subsidiaries both domestically and abroad, participate in other companies both domestically and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate both domestically and abroad. It may also provide financing on its own account or on behalf of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties.