Société d'Etudes Techniques et Economiques S.à.r.l., Luxembourg, succursale de Nyon

directly or indirectly, to acquire, hold, manage and dispose of participations and interests, both in Luxembourg and abroad, in all companies and/or businesses, in whatever form; to acquire by subscription, purchase and exchange or in any other manner all securities, shares and other participation rights, bonds, claims, deposit certificates and other debt instruments, and more generally, all values and financial instruments issued by any public or private entity; to participate in the creation, development, management and control of any company and/or business; to invest in the acquisition and management of portfolios of patents or other intellectual property rights of any nature or origin; to provide financial, technical, commercial or administrative advice, except for investment and placement advice; to provide assistance and services, directly or indirectly, in the areas of administration and finance, sales, production and marketing, as well as general management; all of this to the exclusion of operations prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE), and the exercise of the activity of real estate trader.