DANRO AG

The company aims to acquire, manage and exploit participations in companies in Switzerland and abroad. Furthermore, it aims to provide corporate and management services and consulting, in particular the provision of board of directors' services. The company may establish branches and subsidiaries in Switzerland and abroad and is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may acquire, develop, manage and exploit patents, licenses and other rights. In addition, the company may conduct any business or conclude contracts that are suitable to promote the development of the company and the achievement of its purpose or are directly or indirectly related to it.