ITERS SA

The purchase and sale of real estate; any commercial and service activity in the field of real estate, in particular the study, planning and implementation of any real estate project; the execution, on its own account and on behalf of third parties, of all mandates for promotion in the field of real estate. Furthermore, it may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in all similar companies. The company may also establish branches and subsidiaries in Switzerland and abroad.