Valvidere GmbH

The company's purpose is to acquire, manage and dispose of participations in domestic and foreign companies of all kinds. The company may engage in all commercial, financial and other activities that are directly or indirectly related to the company's purpose. It may also provide financing, guarantees and sureties in favor of affiliated companies. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide securities for liabilities of affiliated companies.