Solilogis AG

The company, as a non-profit public limited company, aims to promote affordable housing and prevent speculation on the housing market, in particular through the acquisition of land and building rights as well as the construction of rental and owner-occupied apartments. The company is not profit-driven. This means (i) the distribution of any dividends may not exceed the maximum rate allowed for exemption from federal stamp duty, (ii) the payment of bonuses is excluded, and (iii) in the event of a liquidation surplus, the shareholders may be reimbursed a maximum of the nominal value of the shares. The company may participate in other companies, acquire or establish subsidiaries and branches in Switzerland, and furthermore, carry out all legal transactions that may be necessary to achieve the company's purpose.