RUAG International Holding AG

The purpose of the company (as a direct subsidiary and one of the two sub-holding companies of BGRB Holding AG) and the group strategy of the Federal Council (Art. 3 Para BGRB Holding AG the acquisition, administration and exploitation of investments in domestic and foreign companies, especially in the space and aerostructures sector. In this context, the company can conduct all business that is suitable to promote the development of the company and the achievement of the company's purpose. The company can set up branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company can acquire, hold, manage, encumber, exploit and sell intellectual property rights at home and abroad. The company can acquire, manage, encumber and sell real estate. The company can take out loans and borrowings and, within the scope of paragraph 2 above, grant direct or indirect financing to its direct parent company, its direct or indirect subsidiaries and its direct or indirect shareholders, for its own liabilities and those of its direct parent company and its direct or indirect subsidiaries Provide collateral of all kinds, including by means of liens or fiduciary assignments or assignments of the company's assets, or provide guarantees, enter into sureties or otherwise secure or guarantee the obligations of these other companies, whether in return for payment or not. Furthermore, it can operate a liquidity equalization / concentration of net liquidity (cash pooling) with the above-mentioned companies or join such, including periodic account equalization (balancing). This also without consideration, under preferential conditions, without interest, with the exclusion of the company's profitability and taking on bulk risks.