Walding Holding SA

Any asset management and administration of movable or immovable property, both in Switzerland and abroad. The company may acquire and manage participations in any business and conclude any financial and real estate transactions for this purpose. It will not solicit the public to obtain deposits of funds. It may carry out all operations that are directly or indirectly related to its main purpose. It may grant loans to its shareholders or third parties, act as guarantor for loans subscribed by its shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, pledge its assets or guarantee any claim.