J-A FAVRE SA

The company's purpose is to acquire, sell, hold and manage participations in all companies, in particular commercial, real estate and industrial companies, in Switzerland and abroad, except for operations prohibited by the LFAIE. The company may: - carry out any financial, commercial or industrial activity, movable or immovable, directly or indirectly related to its purpose; - create branches or subsidiaries in Switzerland and abroad; - participate in all companies having a direct or indirect connection with its purpose; - grant loans or guarantees to shareholders or third parties if it serves its interests.