TINORA AG

The company's purpose is to acquire, hold, sell and manage participations, tangible and financial assets and real estate in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish similar or related companies, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad, as well as acquire, sell and manage intellectual property rights, patents and licenses. It may also provide financing for its own account or for the account of third parties, and grant guarantees and sureties for its subsidiaries and third parties.