KSA Immobilien AG

The company's purpose is the purchase and sale as well as the management of real estate and building land, and the development and execution of construction projects. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of, and manage real property in Switzerland and abroad. The company may grant loans or other financing to its direct or indirect shareholders and their or their direct or indirect subsidiaries, as well as to related parties, and may provide securities of any kind for the obligations of such persons, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind.