SOCIETE INTERCONTINENTALE DE NEGOCE SA, Luxembourg, succursale de Sion

acquisition of participations, in whatever form, in Luxembourgish or foreign companies, the acquisition of all titles and rights, by way of participation, contribution, subscription, firm purchase or purchase option and in any other manner, and in particular the acquisition of patents and licenses, their management and exploitation, as well as all operations directly or indirectly related to its purpose, by borrowing, with or without guarantee and in all currencies, through the issuance of bonds which may also be convertible and/or subordinated and notes, and by granting loans or guarantees to companies in which it has taken an interest