Wal-Mart Holdings International GmbH

The purpose of the company is the acquisition, sale, holding and management of participations and securities in and of other companies, as well as financial activities of any kind. The company may, in particular, carry out financing for its own account or for the account of third parties, grant loans or other financing to its direct or indirect parent companies, as well as to their or its direct or indirect subsidiaries, and provide security of any kind for the liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind. Furthermore, the company may conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose, such as establishing branch offices, participating in companies of a similar nature in Switzerland and abroad, and acquiring and disposing of real estate.