VELRAM AG

The company's purpose is to provide services in the real estate sector, such as project development, project management, owner representation, execution of construction projects as general and total contractor, as well as architectural and engineering services. Furthermore, the company may conduct all commercial, financial and other business activities that are intended and suitable to promote or facilitate the development of the company and the achievement of its purpose. The company may acquire, manage and sell properties. The company may participate in other companies, acquire or establish similar or related businesses, as well as establish branches in Switzerland and abroad.