Sotrawal S.A.

The company's purpose is the acquisition and operation, mainly abroad, of rolling stock used for the transportation of any goods. The company may: - carry out any financial, commercial or industrial, movable or immovable activity (this in strict compliance with the rules relating to the acquisition of real estate by foreigners), directly or indirectly related to its purpose, - create branches or subsidiaries in Switzerland and abroad, - participate in any company having a direct or indirect relationship with its purpose, - grant loans or guarantees to shareholders or third parties, if it serves its interests.