Vemag Betriebs AG

Management of hotel operations and restaurants as well as provision of all consulting services in the field of IT. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. Furthermore, it may acquire, encumber, develop, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third parties, and provide guarantees and sureties for subsidiaries and third parties.