INVESTIVAL SA

any activity in the field of real estate, not contrary to the LFAIE, in particular the acquisition, sale, management, promotion, brokerage, rental, renovation of buildings, as well as the acquisition, holding and disposal in Switzerland and/or abroad of financial participations of any kind, also within the legal limits of the LFAIE, directly or indirectly, as well as the financing of companies both in Switzerland and abroad and all convergent commercial or financial activities; the company may also acquire movable objects related or unrelated to the corporate purpose; it may create branches in Switzerland or abroad; it may also grant loans or guarantees to shareholders or third parties if it serves its interests