VELLOWS Management AG

The company's purpose is to acquire and permanently manage participations in other companies of any kind, both domestically and abroad. It may also assume control, coordination, and management tasks for the companies in which it holds a participation. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish similar and related companies, and merge with similar or related companies. It may also conduct financing and any other business that is suitable to promote the company's purpose. Furthermore, the company may acquire, manage, and sell real estate, copyrights, patents, and licenses of all kinds, as well as enter into any business or conclude contracts that are suitable to promote the company's purpose or are directly or indirectly related to it.