Zwanzigste PCE River Cruiser AG

The company's purpose is to operate a shipping company, in particular the operation of passenger ships as well as the leasing and chartering of ships, furthermore the trade in ships and all related services and ancillary services, such as catering. The company may acquire and establish similar and related businesses as well as acquire or sell real estate. The company may grant direct or indirect financing (including cash pooling) to its direct or indirect subsidiaries, its direct or indirect shareholders as well as their direct or indirect subsidiaries and third parties, and provide security of any kind for liabilities of such companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether or not for consideration.