VALAIS SMARTHOUSE AG

The company's purpose is to acquire, sell and develop real estate of all kinds in Switzerland and abroad. It can establish branches and subsidiaries, participate in other companies and conduct all business directly or indirectly related to its purpose. The company can carry out all commercial, financial and other activities related to its purpose for itself or for its subsidiaries in Switzerland and abroad. The company can acquire, encumber, hold and dispose of intellectual property rights in Switzerland and abroad. The company can provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for its subsidiaries and third parties.