XANATUM FINANCE AG

The purpose of the company is to acquire and hold participations of all kinds in Switzerland and abroad, as well as to finance them. The company may establish branches in Switzerland and abroad, acquire other companies or sell acquired companies. Furthermore, the company aims to develop, monitor and define the strategic direction of the Mephisto Group, its research, development of product innovations, as well as the promotion and maintenance of the brands. It may acquire, manage and sell real estate and securities. It may carry out all commercial and financial transactions that may be conducive to the realization of its purpose. It may take out loans and grant them, provide guarantees and other securities, acquire, manage and exploit intellectual property rights.