Société Immobilière Chêne-Centre SA

Acquisition, sale, administration, management, brokerage, exploitation and management of real estate, as well as granting loans and guarantees to shareholders, in particular by registering mortgages on its properties; granting to its shareholders on the co-ownership shares, an exclusive right to development and use in accordance with the provisions of Articles 712 a) and following of the Swiss Civil Code and the administration and use regulations (cf. statutes for full purpose).