Valuefid SA

Investment consulting, asset management and the execution of audits and trust functions, including all related activities in the fields of real estate, securities, industry, trade, finance and services; general Family Office activities; participation in domestic and foreign companies and financial institutions, execution of commercial and financial transactions, purchase, sale and administration of real estate, all of which may be carried out on its own behalf or in a fiduciary capacity for third parties. The company may carry out all operations that have a direct or indirect relationship with the company's purpose. The company has the authority to establish branches and representative offices in Switzerland or abroad on a simple decision of the management.