Smartvest AG

The company's purpose is to assume management tasks on behalf of subsidiaries as well as to provide economic consulting services in the fields of information technology and business organization, and to provide related outsourcing services. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, manage and sell real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant guarantees and warranties for subsidiaries and third parties.