VELOCITY OVER FREQUENCY SA

All activities in the field of engineering and consulting in maritime and port engineering, including the design, manufacture, development and marketing of quay defenses, as well as all ancillary activities. The company may carry out, either for its own account or for the account of third parties, all financial, commercial, movable or immovable operations directly or indirectly related to its corporate purpose and may be interested, in any form, in all similar enterprises, notably by taking participations in enterprises pursuing an analogous or complementary purpose. The company may also establish branches and subsidiaries in Switzerland and abroad. It may also grant loans or guarantees to its shareholders or to third parties, if this promotes its interests.