TIM HOLDING SA

The company's purpose is the acquisition, holding and management of participations in all companies and/or businesses both in Switzerland and abroad, excluding participations in any company whose purpose is the acquisition of real estate in Switzerland. The company may: either on its own account or on behalf of third parties, carry out all financial, commercial, industrial and securities transactions, both in Switzerland and abroad, directly or indirectly related to the main purpose; create branches or subsidiaries both in Switzerland and abroad; participate in all businesses having a direct or indirect connection with its purpose; grant loans or guarantees to subsidiaries, shareholders or third parties.