Nineteen Golfshoes AG

The company's purpose is to manufacture and sell golf articles of all kinds. The company may engage in the trade, management and brokerage of real estate and related services. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies. It may provide financing for its own account or for the account of third parties and grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct any business that is suitable to promote the development of the company and the achievement of its purpose.