UBS AG

The purpose of the company is to operate a bank. Its business scope includes all types of banking, financial, consulting, service and trading activities in Switzerland and abroad. The company may establish branches and representations in Switzerland and abroad, as well as found, participate in and manage banks, financial companies and other companies of any kind. The company is authorized to acquire, encumber and sell real estate and building rights in Switzerland and abroad. The company may raise and invest funds on the capital market. The company is part of the group controlled by UBS Group AG as the parent company. It may promote the interests of the group parent company or other group companies. It may grant loans, guarantees and other forms of financing and security for group companies.