CMGP GROUP

The Company's purpose, in Morocco and in all countries, and subject where applicable to compliance with the legal and regulatory provisions specific to its activities:

• to take, directly or indirectly, through holding companies or others, stakes and to make, directly or indirectly, through holding companies or others, investments in particular, giving access directly or indirectly to the capital of companies located in Morocco or abroad;

• investment in all investment securities, financial instruments, UCITS or, more generally, in all financial products;

• more generally, all financial, commercial, industrial, civil, securities or real estate transactions that may be directly or indirectly related to its main purpose specified above or to any similar or related purpose or likely to promote the development of the Company's activity