The PGS Company SA

to acquire, hold, manage and sell participations in all types of commercial, financial, industrial and real estate companies, in Switzerland and abroad, as well as to develop, maintain, market, sell, grant, receive and manage licenses or sub-licenses of all kinds, in particular in the field of animated films. The company may carry out all activities in the field of real estate, in particular the sale, construction, rental and operation of all buildings, both in Switzerland and abroad. The company may also carry out all operations that are directly or indirectly related to its purpose and that promote or facilitate its development.