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U X E M B O U R G

MEMORIAL

Journal Officiel

du Grand-Duché de

Luxembourg

MEMORIAL

Amtsblatt

des Großherzogtums

Luxemburg

R E C U E I L D E S S O C I E T E S E T A S S O C I A T I O N S

Le présent recueil contient les publications prévues par la loi modifiée du 10 août 1915 concernant les sociétés commerciales

et par la loi modifiée du 21 avril 1928 sur les associations et les fondations sans but lucratif.

C — N° 1343

6 juin 2013

SOMMAIRE

Beim Bienchen S.à r.l. . . . . . . . . . . . . . . . . . .

64453

Carbery Hungary Kft., Succursale Luxem-

bourgeoise . . . . . . . . . . . . . . . . . . . . . . . . . . .

64419

Casa Natura S.A. . . . . . . . . . . . . . . . . . . . . . . .

64463

CEP III Participations S.à r.l. SICAR . . . . .

64419

Commerz Funds Solutions S.A. . . . . . . . . .

64457

Compagnie Agricole de l'Est S.A. . . . . . . . .

64439

Dredging and Maritime Management . . . .

64439

Heratum S.A. . . . . . . . . . . . . . . . . . . . . . . . . . .

64438

Immo B3 S.A. . . . . . . . . . . . . . . . . . . . . . . . . . .

64450

Immobilière Argile S.A. . . . . . . . . . . . . . . . .

64452

Industrie Maurizio Peruzzo - IMP S.A. . . .

64460

Intermediaire de Commerce Second Oeu-

vre . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64418

International Reserves S.à r.l. . . . . . . . . . . .

64439

JER Adriana S. à r.l. . . . . . . . . . . . . . . . . . . . .

64453

LF Hotels Acquico I (GP) S.à r.l. . . . . . . . . .

64419

Mawrid S.à r.l. . . . . . . . . . . . . . . . . . . . . . . . . .

64458

MGJL Sub Co 4 (Lux) S.à r.l. . . . . . . . . . . . .

64455

Misiu Capital Management S.A. . . . . . . . . .

64438

Nabors Global Holdings Limited . . . . . . . . .

64451

Oberkorn Stuff S. à r.l. . . . . . . . . . . . . . . . . . .

64438

OP Global Strategic . . . . . . . . . . . . . . . . . . . .

64451

PMS Partners S.A. . . . . . . . . . . . . . . . . . . . . .

64454

REInvest German Properties II S.à.r.l. . . .

64463

REInvest German Properties I S.à r.l. . . . .

64438

REInvest German Properties VIII S.à r.l.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64464

REInvest German Properties VI S.à r.l. . . .

64462

REInvest Germany S.à r.l. . . . . . . . . . . . . . . .

64462

Rofelar Constructions et Rénovations . . . .

64461

Rolilux S.A. SPF . . . . . . . . . . . . . . . . . . . . . . . .

64461

Sandstrom Metals & Energy (Luxembourg)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64450

Shiplux IX S.A. . . . . . . . . . . . . . . . . . . . . . . . . .

64451

SMBC Nikko Bank (Luxembourg) S.A. . . .

64459

Solideal Holding S.A. . . . . . . . . . . . . . . . . . . .

64459

Solys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64457

Sosali Investments S.A. . . . . . . . . . . . . . . . . .

64462

Sphinx Luxco C S.à r.l. . . . . . . . . . . . . . . . . . .

64460

Strazer Invest S.A. . . . . . . . . . . . . . . . . . . . . .

64462

Tasco International S.à r.l. . . . . . . . . . . . . . .

64459

Total Luxembourg S.A. . . . . . . . . . . . . . . . . .

64458

Uni-Deff Sicav . . . . . . . . . . . . . . . . . . . . . . . . . .

64463

Valartis Russian Market Fund . . . . . . . . . . .

64461

Weinberg Real Estate S.à r.l. . . . . . . . . . . . .

64460

64417

U X E M B O U R G

I.C.S.O., Intermediaire de Commerce Second Oeuvre, Société à responsabilité limitée.

Siège social: L-8291 Meispelt, 10, rue de Keispelt.

R.C.S. Luxembourg B 162.418.

DISSOLUTION

L'an deux mille treize, le huit avril;
Par-devant Nous Maître Carlo WERSANDT, notaire de résidence à Luxembourg (Grand-Duché de Luxembourg),

soussigné;

A COMPARU:

Monsieur Bastien HUMMLER, responsable commercial, né le 20 décembre 1989 à Strasbourg (France), demeurant à

F-67810 Holtzheim, 14, rue des Bouleaux.

Lequel comparant déclare et requiert le notaire instrumentant d'acter:
1) Que la société à responsabilité limitée "INTERMEDIAIRE DE COMMERCE Second OEUVRE", en abrégé "I.C.S.O",

(la "Société"), établie et ayant son siège social à L-8291 Meispelt, 10, rue de Kopstal, inscrite au Registre de Commerce
et des Sociétés de Luxembourg, section B, sous le numéro 162.418, a été constituée suivant acte reçu par Maître Jean
SECKLER, notaire de résidence à Junglinster, en date du 15 juillet 2011, publié au Mémorial C, Recueil des Sociétés et
Associations, numéro 2235 du 21 septembre 2011;

2) Que le capital social est fixé à douze mille cinq cents euros (12.500,- EUR), représenté par cent (100) parts sociales

avec une valeur nominale de cent vingt-cinq euros (125,- EUR) chacune;

3) Que le comparant, représenté comme dit ci-avant, est devenu successivement propriétaire de toutes les parts

sociales de la Société (l'"Associé Unique");

4) Que l'Associé Unique déclare avoir parfaite connaissance des statuts et de la situation financière de la Société;
5) Que l'Associé Unique prononce explicitement la dissolution de la Société et sa mise en liquidation, avec effet en

date de ce jour;

6) Que l'Associé Unique se désigne comme liquidateur de la Société, et agissent en cette qualité, il aura pleins pouvoirs

d'établir, de signer, d'exécuter et de délivrer tous actes et documents, de faire toute déclaration et de faire tout ce qui
est nécessaire ou utile pour mettre en exécution les dispositions du présent acte;

7) Que l'Associé Unique, dans sa qualité de liquidateur, requiert le notaire d'acter qu'il déclare que tout le passif de la

Société est réglé ou provisionné et que le passif en relation avec la clôture de la liquidation est dûment couvert; en outre
il déclare que par rapport à d'éventuels passifs de la Société actuellement inconnus, et donc non payés, il assume l'obligation
irrévocable de payer ce passif éventuel et qu'en conséquence de ce qui précède tout le passif de la Société est réglé;

8) Que l'Associé Unique déclare qu'il reprend tout l'actif de la Société et qu'il s'engagera à régler tout le passif de la

Société indiqué au point 7);

9) Que l'Associé Unique déclare formellement renoncer à la nomination d'un commissaire à la liquidation;
10) Que l'Associé Unique déclare que la liquidation de la Société est clôturée et que tous les registres de la Société

relatifs à l'émission de parts sociales ou de tous autres valeurs seront annulés;

11) Que décharge pleine et entière est donnée aux gérants pour l'exécution de leur mandat;
12) Que les livres et documents de la Société seront conservés pendant cinq ans au moins chez Monsieur Bastien

HUMMLER à F-67810 Holtzheim, 14, rue des Bouleaux (France).

13) Que les livres et documents de la Société dissoute sont à produire sur première demande et sans frais.

Frais

Le montant total des frais, dépenses, rémunérations ou charges, sous quelque forme que ce soit, qui incombent à la

Société, ou qui sont mis à sa charge à raison du présent acte, est évalué approximativement à neuf cents euros.

DONT ACTE, le présent acte a été passé à Luxembourg, à la date indiquée en tête des présentes.
Après lecture du présent acte au comparant, connu du notaire par nom, prénom, état civil et domicile, ledit comparant

a signé avec Nous, Notaire, le présent acte.

Signé: B. HUMMLER, C. WERSANDT.
Enregistré à Luxembourg A.C., le 9 avril 2013. LAC/2013/16189. Reçu soixante-quinze euros (75,- €).

Le Receveur (signé): Irène THILL.

POUR EXPEDITION CONFORME, délivrée.

Luxembourg, le 12 avril 2013.

Référence de publication: 2013048703/54.
(130059174) Déposé au registre de commerce et des sociétés de Luxembourg, le 16 avril 2013.

64418

U X E M B O U R G

CEP III Participations S.à r.l. SICAR, Société à responsabilité limitée sous la forme d'une Société d'In-

vestissement en Capital à Risque.

Siège social: L-1653 Luxembourg, 2, avenue Charles de Gaulle.

R.C.S. Luxembourg B 127.711.

Il résulte des résolutions prises par les actionnaires de la Société en date du 15 avril 2013 que:
- Madame Barbara Imbs, avec adresse professionnelle au 2 avenue Charles de Gaulle, L-1653 Luxembourg, a été

nommée en qualité de nouveau membre du conseil de gérance de la Société pour une période illimitée, avec effet au 15
avril 2013.

Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.

Luxembourg, le 16 avril 2013.

CEP III Participations S.à r.l. SICAR
Un mandataire

Référence de publication: 2013051217/16.
(130062988) Déposé au registre de commerce et des sociétés de Luxembourg, le 22 avril 2013.

Carbery Hungary Kft., Succursale Luxembourgeoise, Succursale d'une société de droit étranger.

Adresse de la succursale: L-2310 Luxembourg, 16, avenue Pasteur.

R.C.S. Luxembourg B 134.664.

FERMETURE D'UNE SUCCURSALE

Il résulte des décisions prises le 19 avril 2013 par les dirigeants de Carbery Hungary Kft., société de droit hongrois

inscrite au Registre des Sociétés de Budapest sous le numéro Cg. 13-09-089685 ayant son siège social au Dohány u. 12.,
1074 Budapest (Hongrie) (la «Société») que la Société a décidé de fermer la Succursale à compter du 19 avril 2013.

Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.

Luxembourg, le 19 avril 2013.

Référence de publication: 2013051171/13.
(130062614) Déposé au registre de commerce et des sociétés de Luxembourg, le 22 avril 2013.

LF Hotels Acquico I (GP) S.à r.l., Société à responsabilité limitée.

Capital social: EUR 20.000,00.

Siège social: L-1913 Luxembourg, 12, rue Léandre Lacroix.

R.C.S. Luxembourg B 155.838.

In the year two thousand and thirteen, on the twenty-first day of the month of March, before us, Maître Jean-Paul

Meyers, notary residing in Rambrouch, Grand Duchy of Luxembourg,

was held an extraordinary general meeting (the Meeting) of the shareholders of LF Hotels Acquico I (GP) S.à r.l., a

private limited liability company (société à responsabilité limitée), with registered office at 12, rue Léandre Lacroix, L-1913
Luxembourg, Grand Duchy of Luxembourg, registered with the Luxembourg Register of Commerce and Companies
(R.C.S. Luxembourg) (RCS) under number B 155.838 and having a share capital of twenty thousand Euro (EUR 20,000.-)
(the Company). The Company has been incorporated on September 9, 2010 pursuant to a deed of Maître Joelle Baden,
notary residing in Luxembourg, Grand Duchy of Luxembourg, published in the Mémorial C, Recueil des Sociétés et
Associations number 2456 of November 13, 2010. The articles of association of the Company have been last amended
on February 18, 2013 pursuant to a deed of Maître Paul Decker, notary residing in Luxembourg, Grand Duchy of Lu-
xembourg, not yet published in the Mémorial C, Recueil des Sociétés et Associations.

There appeared:

1) Leopard Germany Holding Hotels S.à r.l., a private limited liability company (société à responsibilité limitée) incor-

porated under the laws of Luxembourg, with registered office at 12, rue Léandre Lacroix, L-1913 Luxembourg, Grand
Duchy of Luxembourg, registered with the RCS under number B 155.841 and having a share capital of twenty thousand
Euro (EUR 20,000.-) (Léopard), represented by Bakary Sylla, acting in his capacity as manager, and

2) LF Hotels Acquico III S.C.S., a limited partnership (société en commandite simple) incorporated under the laws of

Luxembourg, with registered office at 4, rue Dicks, L-1417 Luxembourg, Grand Duchy of Luxembourg, registered with
the RCS under number B 175.706 (LFHA), represented by LF Hotels Acquico III (GP) S.à r.l., a private limited liability
company (société à responsibilité limitée) incorporated under the laws of Luxembourg, with registered office at 4, rue
Dicks, L-1417 Luxembourg, Grand Duchy of Luxembourg, registered with the RCS under number B 175.737 and having
a share capital of twenty thousand Euro (EUR 20,000.-) in its capacity as general partner, represented by Ole Marquardt,
acting in his capacity as sole manager.

64419

U X E M B O U R G

The appearing parties referred to under items one (1) and two (2) above are the current shareholders of the Company

and are hereafter referred to as the Shareholders.

The Shareholders, represented as described above, have requested the undersigned notary to record the following:
I. That one hundred (100) shares having a par value of two hundred Euro (EUR 200.-) per share, representing the

entirety of the share capital of the Company of twenty thousand Euro (EUR 20,000.-) are duly represented at this Meeting
which is consequently regularly constituted and may deliberate upon the items on the agenda, hereinafter reproduced;

II. That the agenda of the Meeting is worded as follows:
1. Waiver of convening notices.
2. Amendment to the corporate object of the Company and to article two (2) of the articles of association of the

Company (the Articles) which shall be renumbered as article three (3) and shall in the English version of article three (3)
of the amended and restated Articles as adopted under item five (5) below henceforth read as follows:

« Art. 3. Corporate Objects. The Company shall be appointed as and act as the general partner of the Partnership.
The purpose of the Company is the acquisition, holding, management and disposal of participations and any interests,

in Luxembourg or abroad, in any companies and/or enterprises in any form whatsoever. The Company may in particular
acquire by subscription, purchase and exchange or in any other manner any stock, shares and other participation securities,
bonds, debentures, certificates of deposit and other debt instruments and more generally, any securities and financial
instruments issued by any public or private entity. It may participate in the creation, development, management and control
of any company and/or enterprise. It may further invest in the acquisition and management of a portfolio of patents or
other intellectual property rights of any nature or origin.

The Company may borrow in any form except by way of public offer and proceed by private placement only to the

issue of bonds, notes, debentures or any kind of debt or equity securities.

The Company may lend funds, including without limitation, resulting from any borrowings of the Company and/or

from the issue of any equity or debt securities of any kind, to its subsidiaries, affiliated companies and/or any other
companies or entities it deems fit.

The Company may further guarantee, grant security in favor of or otherwise assist the companies in which it holds a

direct or indirect participation or which form part of the same group of companies as the Company. The Company may
further give guarantees, pledge, transfer or encumber or otherwise create security over some or all of its assets to
guarantee its own obligations and those of any other company, and generally for its own benefit and that of any other
company or person. For the avoidance of doubt, the Company may not carry out any regulated activities of the financial
sector without having obtained the required authorization.

The Company may further act as a general or limited member with unlimited or limited liability for all debts and

obligations of partnerships or similar entities.

The Company may use any techniques and instruments to efficiently manage its investments and to protect itself against

credit risks, currency exchange exposure, interest rate risks and other risks.

The Company may, for its own account as well as for the account of third parties, carry out all operations (including,

without limitation, transactions with respect to real estate or movable property) which may be useful or necessary to
the accomplishment of its purpose or which are directly or indirectly related to its purpose.»

3. Conversion of the existing shares of the Company into seventy-five (75) class A shares and twenty-five (25) class B

shares, all such shares having a par value of two hundred Euro (EUR 200.-) each and subsequent amendment to article
six (6) of the Articles.

4. Shortening of the first accounting year to March 28th, 2013 and subsequent amendment to article twenty (20) of

the Articles to align accordingly the subsequent accounting years of the Company.

5. Full restatement and renumbering of the Articles in their entirety and, to the extent necessary, insertion or change

of headings in the Articles.

6. Designation of Mr. Bakary Sylla and Mr. Robert Kimmels, previously appointed as Managers of the Company, as

Class A Managers of the Company, effective as of the date of the Meeting for an undetermined period of time.

7. Appointment of (i) Ms. Martina Schuemann as new Class A Manager of the Company, effective as of the date of the

Meeting for an undetermined period of time and (ii) Mr. Ole Marquardt as new Class B Manager of the Company, effective
as of the date of the Meeting for an undetermined period of time.

8. Miscellaneous.
III. That the Meeting has taken the following resolutions unanimously:

First Resolution:

The entirety of the corporate share capital of the Company being represented at the present Meeting, the Meeting

waives the convening notices, the Shareholders present or represented considering themselves as duly convened and
declaring having perfect knowledge of the agenda which has been communicated to them in advance of the Meeting.

64420

U X E M B O U R G

Second Resolution:

The Meeting resolves to amend the corporate object of the Company and amend article two (2) of the Articles which

shall be renumbered into article three (3) and which shall in the English version of article three (3) of the amended and
restated Articles as adopted under the Third Resolution below henceforth read as follows:

The Company may borrow in any form except by way of public offer and proceed by private placement only to the

issue of bonds, notes, debentures or any kind of debt or equity securities.

The Company may lend funds, including without limitation, resulting from any borrowings of the Company and/or

from the issue of any equity or debt securities of any kind, to its subsidiaries, affiliated companies and/or any other
companies or entities it deems fit.

The Company may further guarantee, grant security in favor of or otherwise assist the companies in which it holds a

The Company may further act as a general or limited member with unlimited or limited liability for all debts and

obligations of partnerships or similar entities.

The Company may use any techniques and instruments to efficiently manage its investments and to protect itself against

credit risks, currency exchange exposure, interest rate risks and other risks.

The Company may, for its own account as well as for the account of third parties, carry out all operations (including,

Third Resolution:

The Meeting resolves to convert the existing shares of the Company into seventy-five (75) class A shares and twenty-

five (25) class B shares, all such shares having a par value of two hundred Euro (EUR 200.-) each, which are held as follows:

Leopard: seventy-five (75) class A shares; and
LFHA: twenty-five (25) class B shares.
The Meeting further resolves to amend article six (6) of the Articles which shall have the wording reflected in the

English version of article six (6) of the amended and restated Articles as adopted under the Fifth Resolution below.

Fourth Resolution:

The Meeting resolves to shorten the first accounting year to March 28

, 2013 and to subsequently amend article

twenty (20) of the Articles to align accordingly the subsequent accounting years of the Company which shall have the
wording reflected in the English version of article twenty (20) of the amended and restated Articles as adopted under the
Fifth Resolution below.

Fifth Resolution:

The Meeting resolves to fully restate and renumber the Articles in their entirety and, to the extent necessary, insert

or change any headings in the Articles which shall henceforth read as follows:

ARTICLES OF ASSOCIATION

Art. 1. Definitions. In the interpretation of these articles of association unless the context otherwise indicates, the

following terms shall have the following meanings:

Affiliate

means, in relation to any person or body corporate:
(a) any other person or body corporate who directly or indirectly Controls, is
Controlled by or is under common Control with, such person or body corporate; or
(b) any other person who is an officer, manager or partner of such person or body
corporate, or
(c) in relation to any individual natural person that person’s spouse, civil partner, widow,
widower, mother, father, grandmother, grandfather, lineal descendant

64421

U X E M B O U R G

(including adopted or step descendants) of the relevant person or his or her brother or
sister (Qualifying Person) and the trustees of any trust settlement under which a Qualifying
Person is or is capable of being a beneficiary; or
(d) in relation to any body corporate, a body corporate which holds such body corporate
(Holding Body Corporate) or is a subsidiary of such body corporate or a subsidiary of such
Holding Body Corporate.

Articles

means these articles of association of the Company, as amended from time to time.

Board

means the board of managers of the Company.

Business Day

means any day (other than a Saturday, Sunday or public holiday) when banks in England,
Germany and Luxembourg are generally open for non-automated banking business.

Chairman

means the chairman of the Board from time to time.

Class A Manager

means the person appointed as such by the General Meeting upon proposal by the Class
A Shareholders in accordance with article 12.

Class A Shareholders

means the holders of the Class A Shares and Class A Shareholder means any of them.

Class A Shares

means the class A Shares in registered form in the share capital of the Company having a
par value of two hundred Euro (EUR 200,-) each and Class A Share means any of them.

Class B Manager

means the person appointed as such by the General Meeting upon proposal by the Class
B Shareholders in accordance with article 13.

Class B Shareholders

means the holders of the Class B Shares and class B Shareholder means any of them.

Class B Shares

means the class B Shares in registered form in the share capital of the Company having a
par value of two hundred Euro (EUR 200,-) each and Class B Share means any of them.

Company

means “LF Hotels Acquico I (GP) S.à r.l.”.

Control

means the power of a person or body corporate, directly or indirectly, to effectively direct
the affairs of the relevant body corporate in accordance with the wishes of that person or
body corporate; including, without derogating from the generality of the aforesaid:
(a) by means of the ownership or control of (directly or indirectly) more than fifty-one per
cent (51%) of the voting rights of the relevant body corporate; or
(b) the ability to appoint or remove directors or managers of the relevant body corporate
holding a majority of the voting rights; or
(c) any other arrangement which have the same practical effect as (a) and (b) above
and the meaning of Controlled shall be construed accordingly.

General Meeting

means the general meeting of the Shareholders.

Law

means the company law of August 10, 1915 on commercial companies, as amended from
time to time.

Managers

means the Class A Manager(s) and the Class B Manager(s) and Manager means any of them.

Partnership

means LF Hotels Acquico I S.C.S., a limited partnership (société en commandite simple)
incorporated under the laws of Luxembourg.

RCS

means the Luxembourg Register of Commerce and Companies (R.C.S. Luxembourg).

Relevant Day

means either the 15

of February, 15

of May, 15

of August or 15

of November.

Shareholders

means the Class A Shareholder and the Class B Shareholder as registered in the register
of shareholders of the Company, in application of article 185 of the Law, as the holders of
the Shares from time to time and Shareholder means any of them.

Shareholders Agreement means the joint-venture agreement entered into by the Shareholders, the Partnership and

the General Partner dated March 21, 2013, as may be amended, supplemented or modified
from time to time.

Shareholders Circular
Resolutions

shall have the meaning ascribed to such term in article 10.

means the Class A Shares and the Class B Shares and Share means any of them.

Unanimous Consent

means the consent of all Managers, as evidenced by a resolution signed by all Managers.

Art. 2. Form and Name. The name of the Company is "LF Hotels Acquico I (GP) S.à r.l.". The Company is a private

limited liability company (société à responsabilité limitée) governed by the present Articles, the Law and the relevant
legislation.

Art. 3. Corporate Objects. The Company shall be appointed as and act as the general partner of the Partnership.
The purpose of the Company is the acquisition, holding, management and disposal of participations and any interests,

64422

U X E M B O U R G

instruments issued by any public or private entity. It may participate in the creation, development, management and control
of any company and/or enterprise. It may further invest in the acquisition and management of a portfolio of patents or
other intellectual property rights of any nature or origin.

The Company may borrow in any form except by way of public offer and proceed by private placement only to the

issue of bonds, notes, debentures or any kind of debt or equity securities.

The Company may lend funds, including without limitation, resulting from any borrowings of the Company and/or

from the issue of any equity or debt securities of any kind, to its subsidiaries, affiliated companies and/or any other
companies or entities it deems fit.

The Company may further guarantee, grant security in favor of or otherwise assist the companies in which it holds a

The Company may further act as a general or limited member with unlimited or limited liability for all debts and

obligations of partnerships or similar entities.

The Company may use any techniques and instruments to efficiently manage its investments and to protect itself against

credit risks, currency exchange exposure, interest rate risks and other risks.

The Company may, for its own account as well as for the account of third parties, carry out all operations (including,

Art. 4. Duration. The Company is formed for an unlimited duration.

Art. 5. Registered Office. The registered office of the Company is established in Luxembourg. It may be transferred

to any other place in the Grand Duchy of Luxembourg by a resolution of the General Meeting. Within the boundaries of
the municipality of Luxembourg, the registered office may be transferred by a resolution of the Board.

The Board shall further have the right to set up branches, subsidiaries or other offices wherever it shall deem fit, either

within or outside the Grand Duchy of Luxembourg.

Where the Board determines that extraordinary political or military developments or events have occurred or are

imminent and that these developments or events would interfere with the normal activities of the Company at its regis-
tered office, or with the ease of communication between such office and persons abroad, the registered office may be
temporarily transferred abroad until the complete cessation of these extraordinary circumstances. Such temporary mea-
sures shall have no effect on the nationality of the Company which, notwithstanding the temporary transfer of its registered
office, will remain a Luxembourg incorporated company.

Art. 6. Share Capital. The subscribed share capital of the Company is set at twenty thousand Euro (EUR 20,000.-),

represented by seventy-five (75) Class A Shares and twenty-five (25) Class B Shares having a par value of two hundred
Euro (EUR 200.-) each.

The Company's subscribed share capital may be increased or reduced by a resolution adopted by the General Meeting

in the manner required for the amendment to the Articles, as prescribed in article 11 below.

Art. 7. Shares. All Shares are in registered form, fully subscribed and entirely paid up.
A register of the Shareholders will be kept at the registered office, where it will be available for inspection by any

Shareholder. Such register shall set forth the name of each Shareholder, his/her/its residence or elected domicile, the
number of Shares held by him/her/it, the amounts paid in on each such Share, and the transfer/subscription of Shares and
the dates of such transfers/subscriptions as well as any security rights granted on the Shares from time to time. Each
Shareholder will notify the Company by registered letter his/her/its address and any change thereof. The Company may
rely on the last address of a Shareholder received by it. The ownership of the Shares will be established by the entry in
this register.

Certificates of these entries may be issued to the Shareholders and such certificates, if any, will be signed by the

Chairman or by any two (2) Managers.

The Company will recognize only one (1) holder per Share. In case a Share is held by more than one (1) person, the

Company has the right to suspend the exercise of all rights attached to that Share until one (1) person has been appointed
as sole owner in relation to the Company. The same rule shall apply in the case of conflict between a usufruct holder
(usufruitier) and a bare owner (nu-propriétaire).

The Company may repurchase or redeem its own Shares only with the unanimous consent of the Shareholders,

provided that the repurchased or redeemed Shares shall be immediately cancelled and the subscribed share capital of the
Company reduced accordingly.

Art. 8. Transfer Restrictions. A Shareholder may not sell, assign, transfer, exchange, pledge, encumber or otherwise

dispose of its Shares, directly or indirectly, unless (i) such transfer is entered in the register of Shareholders, (ii) is made

64423

U X E M B O U R G

in accordance with the Articles and the Shareholders Agreement and (iii) the transferee agrees to become a party to the
Shareholders Agreement and executes such further documents as may be necessary to make it a party to the Shareholders
Agreement.

Notwithstanding article 25 paragraph 2 hereof, the transfer restrictions set out in the Articles and/or in the Share-

holders Agreement shall not apply to any transfer of the Shares by way of enforcement (full or partial) of any security
interest created over the Shares.

Subject to the provisions of the previous paragraphs hereof, a Shareholder shall transfer its Shares pursuant to any

provision of the Shareholders Agreement requiring such transfer (including but not limited to, any right of first refusal,
tag-along and drag-along provisions set forth therein -as well as in the case of an event of default under section 25.1 of
the Shareholders Agreement in which case the transfer will be at a discount as further detailed in the Shareholders
Agreement).

Any purported transfer of Shares other than in accordance with the Shareholder Agreement and the Articles shall be

null and void, and the Board shall not reflect in the register of Shareholders any change in the ownership of Shares pursuant
to any such transfer.

The transfer of the Shares may be effected by a written declaration of transfer entered in the register of the Share-

holders, such declaration of transfer to be dated and executed by the transferor and the transferee or by the persons
holding suitable powers of attorney or in accordance with the provisions applying to the transfer of claims provided for
in article 1690 of the Luxembourg civil code.

The Company may also accept as evidence of transfer other instruments of transfer evidencing the consent of the

transferor and the transferee satisfactory to the Company.

Art. 9. Powers of the General Meeting. Any regularly constituted General Meeting shall represent the entire body of

Shareholders. It shall have the broadest powers to order, carry out or ratify acts relating to all the operations of the
Company.

Art. 10. Annual General Meeting - Other General Meetings. If the number of Shareholders exceeds twenty-five (25),

the annual General Meeting shall be held, in accordance with the Law, at the address of the registered office of the
Company or at such other place in the municipality of the registered office as may be specified in the convening notice
of the annual General Meeting, on the first Monday in September of each year at 11:00 a.m. If such day is not a Business
Day, the annual General Meeting shall be held on the next following Business Day.

Notwithstanding the above, the annual General Meeting may be held abroad if, in the absolute and final judgment of

the Board, exceptional circumstances so require.

Other General Meetings may be held at such place and time as may be specified in the respective convening notices

of the General Meeting.

Resolutions of the Shareholders shall be adopted at a General Meeting or by way of circular resolutions (the Share-

holders Circular Resolutions) in case the number of Shareholders is less than or equal to twenty-five (25).

Where resolution(s) is/are to be adopted by way of Shareholders Circular Resolutions, each Shareholder shall be sent

an explicit draft of the resolution(s) to be passed, and shall sign the resolution(s). Shareholders Circular Resolutions signed
by all the Shareholders shall be valid and binding as if passed at a General Meeting duly convened and held and shall bear
the date of the last signature.

Art. 11. Notice, Quorum, Convening notices, Powers of attorney and Vote. The Shareholders shall be convened to

the General Meetings or consulted in writing at the initiative of (i) any Manager, (ii) the statutory auditor (if any) or (iii)
Shareholders representing more than one-half (1/2) of the Company's subscribed share capital.

Written convening notice of any General Meeting shall be given to all Shareholders by registered mail to their address

appearing in the register of Shareholders held by the Company at least eight (8) calendar days in advance of the date of
the General Meeting, except in case of emergency, the nature and circumstances of which shall be set forth in the
convening notice of the General Meeting.

If all the Shareholders are present and/or represented at a General Meeting and consider themselves as being duly

convened and informed of the agenda of the meeting, the General Meeting may be held without prior written convening
notice.

A Shareholder may act at any General Meeting by appointing another person, who need not be a Shareholder, as its

proxy in writing whether in original, by telefax or e-mail to which an electronic signature (which is valid under Luxembourg
law) is affixed.

Any Shareholder may participate in a General Meeting by conference call, video conference or similar means of com-

munications equipment whereby (i) all the Shareholders attending the General Meeting can be identified, (ii) all persons
participating in the General Meeting can hear and speak to each other, (iii) the transmission of the General Meeting is
performed on an on-going basis and (iv) the Shareholders can properly deliberate. Participating in a General Meeting by
such means shall constitute presence in person at such General Meeting.

A quorum for the General Meeting shall exist, only if there is at least one Class A Shareholder and one Class B

shareholder (in person, via video or audio conference or proxy), save in relation to a General Meeting convened with

64424

U X E M B O U R G

respect to certain matters as described in the ninth paragraph of article 14 below, in which case the Class B Shareholder
shall not be required for the quorum.

Subject to the terms of the Shareholders Agreement and the terms of these Articles, resolutions to be adopted at

General Meetings shall be passed by Shareholders owning more than one-half (1/2) of the Company's subscribed share
capital. If this majority is not reached at the first General Meeting, the Shareholders shall be convened by registered letters
to a second General Meeting and the resolutions shall be adopted at the second General Meeting by a majority of the
votes cast, regardless of the proportion of the subscribed share capital represented.

The Articles may be amended, and the rights attached to any of the Shares, only with the unanimous consent of the

Shareholders.

Any change in the nationality of the Company and any increase of a Shareholder's commitment in the Company shall

require the unanimous consent of the Shareholders.

Each Share is entitled to one (1) vote at General Meetings.

Art. 12. Shareholders' reserved matters. The following matters shall be reserved solely for the approval of the Sha-

reholders of the Company owning more than one-half (1/2) of the Company's subscribed share capital:

(a) the making of any loan or payment (other than payments originating from Emergency Funding (as defined in the

Shareholders Agreement) and for the purpose thereof) by the Partnership or the Company in an amount greater than
two hundred fifty thousand Euro (EUR 250,000.-) or the entry into any contract or commitment under which the Part-
nership or the Company may incur costs greater than two hundred fifty thousand Euro (EUR 250,000.-) per contract
(exclusive of value added tax).

(b) The sale by the Partnership, or any of its Affiliates, during the Lock-in Period (as defined in the Shareholders

Agreement), of any interests in the Partnership, QMH, the Property Companies; or any asset of the Partnership, QMH,
or any of the Property Companies (all as defined in the Shareholders Agreement).

(c) The sale by the Partnership, or any of its Affiliates, following the Lock-in Period of part-only (i.e. not the whole)

of: any Subsidiary; or the Property Companies or the Hotels (all as defined in the Shareholders Agreement).

(d) the acquisition by the Partnership or the Company of any assets or property at a total cost (per transaction) of

more than two hundred fifty thousand Euro (EUR 250,000.-) (exclusive of value added tax), specifically excluding any
capex or F,F&E investments in accordance with the Leases (all as defined in the Shareholders Agreement).

All decisions taken by the Board without such prior consent shall be null and void.

Art. 13. Management. The Company shall be managed by a Board which shall be composed of Class A Manager(s) and

Class B Manager(s). No Manager other than a Class A Manager or Class B Manager may be appointed.

The Class A Shareholder may propose at least three (3) Class A Managers of which three (3) shall be appointed by

the General Meeting. The Class B Shareholder may propose at least one (1) Class B Manager of which one (1) shall be
appointed by the General Meeting.

The Class A Shareholder or the Class B Shareholder may propose to the General Meeting to remove their respective

Managers (such that the Class A Shareholder may propose to remove any A Managers, and the Class B Shareholder may
propose to remove the B Manager, but not otherwise) by serving a written notice to the Company to convene the General
Meeting to this effect. The relevant Shareholder shall be entitled, on the terms of this article 13, to appoint a replacement
Manager, provided that the maximum number of A Managers which may be proposed for appointment by the Class A
Shareholder shall always be three (3) and the maximum number of B Managers which may be proposed for appointment
by the Class B Shareholder shall always be one (1).

In the event that either the Class A Shareholder or the Class B Shareholder ceases to be a Shareholder, the Class A

Shareholder and the Class B Shareholder undertake to take any and all actions required to cause the Managers proposed
by them for appointment to resign from their position. Otherwise, they undertake to serve a written notice to the
Company to convene a General Meeting to this effect.

Additionally, in the event of an event of default under the Shareholders Agreement (as described under Article 16 of

the Partnerships articles of association) and in accordance with its terms, the defaulting Shareholder and its Managers
may not be permitted to vote in accordance with the terms therein.

Art. 14. Meetings of the Board. All meetings of the Board shall take place in Luxembourg.
Unless otherwise agreed among the Managers, the Managers shall meet at least four (4) times a year at three (3)

monthly intervals and within thirty (30) days of the end of each financial year and half financial year of the Partnership.

Any of the Managers may request a meeting of the Board by providing at least ten (10) Business Days' notice to the

other Managers (except that the Managers may by Unanimous Consent agree to shorter notice). Each notice of a meeting
of the Board shall (unless the Managers by Unanimous Consent agree otherwise) (i) specify a reasonably detailed agenda
(ii) be accompanied by relevant papers and (iii) be sent to all Managers (whether or not they are required for the quorum)
by first class post or fax or by email.

A Chairman shall alternate between the Managers appointed by each of the Shareholders, on a six (6)-month basis.

The Chairman at a meeting of the Board shall not have a second or casting vote.

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U X E M B O U R G

The Chairman may choose a secretary, who need not be a Manager and who shall be responsible for keeping the

minutes of the meetings of the Board, the resolutions passed at the General Meeting. The Chairman will preside at all
meetings of the Board. In his/her absence, the other Managers will appoint another Chairman pro tempore who will
preside at the relevant meeting by simple majority vote of the Managers present and/or represented at such meeting.

Any Manager may act at any meeting of the Board by appointing in writing, whether in original, by telefax or e-mail to

which an electronic signature (which is valid under Luxembourg law) is affixed, another Manager as his or her proxy.

Ad-hoc telephone discussions between the Managers may take place to facilitate the decision making process provided

that any such discussions shall be followed up by e-mail confirmation to all the Managers setting out the matters discussed
and conclusions reached. For the avoidance of doubt, such ad-hoc discussions shall not constitute resolutions of the
Company acting in its quality of general partner of the Partnership.

The Board can validly debate and take decisions only if at least the majority of its members including at least one (1)

Class A Manager and at least one (1) Class B Manager is present and/or represented (in person, via video or audio
conference or proxy), save in relation to a meeting convened with respect to the matters in this article 14 paragraph 9
below, when the Class B Manager shall not be required for a quorum.

The Class B Manager shall not participate in any vote in connection with (i) any matters addressing any amendment,

termination or enforcement of the hotel leases (including any litigation or arbitration) in accordance with their respective
terms (inter alia, taking into account any grace periods or dispute mechanism thereunder) entered between a direct or
indirect subsidiary of the Partnership and any direct or indirect subsidiary of the shareholder having nominated the Class
B Manager, all as may be described in a Shareholders Agreement; and (ii) the disposal of the entirety of a major investment
made by a direct or indirect subsidiary of the Partnership after the first Relevant Day after the period of five (5) years
after the acquisition of such investment as further set forth in any Shareholders Agreement, provided however that in
any event the Class B Manager shall receive notice of and shall be permitted to attend such meeting of the Board and
make representations.

A Manager may represent more than one of his or her colleagues, provided however that at least two (2) Managers

are present at the meeting or participate at such meeting by way of any means of communication that are permitted
under the Articles and the Law.

At a meeting of the Board, each Manager has one vote (with Managers participating by video or audio conference or

proxy, if any, being deemed present and entitled to vote).

Subject to article 16 herein and any Shareholders Agreement, a resolution is passed if more votes are cast for it than

against it (with Managers participating by video or audio conference or proxy, if any, being deemed present and entitled
to vote).

Any resolution signed by all Managers, shall be treated as a properly executed Managers resolution and valid for all

practical matters, and shall be viewed as having been resolved in lieu of a properly convened Meeting.

Art. 15. Minutes of meetings of the Board. The minutes of any meeting of the Board shall be signed by the Chairman

or a member of the Board who presided at such meeting or all the Managers present at such meeting. Copies or extracts
of such minutes which may be produced in judicial proceedings or otherwise shall be signed by the Chairman or any two
(2) Managers.

Art. 16. Powers of the Board. The Board is vested with the broadest powers to manage the business of the Company,

to manage, maintain, supervise and exploit the assets of the Partnership and to authorize and/or perform or cause to be
performed all acts of disposal and administration falling within the corporate objects of the Company.

All powers not expressly reserved by the Law or by the Articles (especially in article 13 hereof) to the Shareholders

fall within the competence of the Board.

Subject to any provision in the Shareholders Agreement, any action in respect of the following matters relating to the

Partnership, any direct or indirect Subsidiary of the Partnership or any matters addressing any Hotels (or any such
analogous matters, all as defined in a Shareholders Agreement) shall be taken with the Unanimous Consent of the Ma-
nagers:

(a) the appointment or removal of the auditors of the Partnership;
(b) the appointment or removal of the accountants of the Partnership;
(c) any change to the accounting policies or accounting reference date of the Partnership;
(d) the entry into of any joint venture, partnership or funding arrangement (including any additional or replacement

loan or facilitation agreements and any refinancing of the loans granted to the Partnership and any direct or indirect
subsidiary of the Partnership);

(e) any transaction between the Partnership and a limited partner of the Partnership or Affiliate or Affiliate of such

limited partner not contemplated in or required by any Shareholders Agreement or any business plan mentioned therein,
if any, (provided however that this shall not apply to any inter group transactions related to certain centralized services
to be provided by Affiliates of the Class B Shareholders to any operating companies as contemplated under any hotel
leases in accordance with a Shareholders Agreement);

64426

U X E M B O U R G

(f) payments of distributions at the Company's and the Partnership's level (which in any event shall be in accordance

with the distribution policy and waterfall provisions contained in any Shareholders Agreement);

(g) the commencement or settlement of any litigation, arbitration or other proceedings on behalf of the Partnership;
(h) the grant of any guarantee or indemnity by the Partnership;
(i) any other special majority matters, if any, that are contained in a Shareholders Agreement.

Art. 17. Delegation of powers. The Board may appoint any Manager (délégué à la gestion journalière) who shall have

full authority to act on behalf of the Company in all matters concerned with the daily management and affairs of the
Company.

The Board may appoint a person, either a Shareholder or not, either a Manager or not, as permanent representative

for any entity in which the Company is appointed as member of the board of directors. This permanent representative
shall act with all discretion, but in the name and on behalf of the Company, and may bind the Company in its capacity as
member of the board of directors of any such entity.

The Board is also authorized to appoint a person, either Manager or not, for the purposes of performing specific

functions at every level within the Company.

Art. 18. Binding signatures. The Company shall be bound towards third parties in all matters by the joint signatures of

a Class A Manager and a Class B Manager.

The Company shall further be bound by the joint signatures of any persons or the sole signature of the person to

whom specific signatory power has been granted by the Board, but only within the limits of such power. Within the
boundaries of the daily management, the Company will be bound by the sole signature, as the case may be, of the person
appointed to that effect in accordance with the first paragraph of article 17 above.

Art. 19. Liability of the Manager(s). The Manager(s) do not assume, by reason of their position, any personal liability

in relation to commitments regularly made by them in the name of the Company provided such commitments comply
with the Articles and the Law. They are authorized agents only and are therefore merely responsible for the execution
of their mandate.

Art. 20. Audit. If the number of Shareholders exceeds twenty-five (25), the operations of the Company shall be su-

pervised by one (1) or more statutory auditor(s) (commissaire(s) aux comptes), or, where required by the Law, an
independent external auditor (réviseur d'entreprises agréé).

The Shareholders shall appoint the statutory auditor(s) (commissaire(s) aux comptes), if any, and the independent

external auditor (réviseur d'entreprises agréé), if any, and determine their number, remuneration and the term of their
office, which may not exceed six (6) years. The statutory auditor(s) (commissaire(s) aux comptes) and the independent
external auditor (réviseur d'entreprises agréé) may be re-appointed.

Art. 21. Accounting Year. The accounting year of the Company shall begin on March twenty-ninth (29

) of each year

and ends on March twenty-eighth (28

) of the following year.

Art. 22. Annual Accounts. Every year as of the accounting year's end, the Board will draw up the annual accounts of

the Company in the form required by the Law.

Each Shareholder may inspect the above inventory and annual accounts at the Company's registered office.

Art. 23. Distributions. From the annual net profits of the Company, five percent (5%) shall be allocated to the reserve

required by law. This allocation shall cease to be required as soon as such legal reserve amounts to ten percent (10%) of
the subscribed share capital of the Company as stated or as increased or reduced from time to time as provided in article
6 above, but shall again be compulsory if the reserve falls below such one-tenth (1/10).

The annual General Meeting shall determine the allocation of the remainder of the annual net profits and may decide

to pay dividends from time to time as in its discretion it believes best suits the corporate purpose and policy and within
the limits of the Law.

Interim dividends may be distributed, at any time, under the following conditions:
(i) interim accounts are drawn up by the Board;
(ii) such interim accounts show that sufficient profits and other reserves (including share premiums) are available for

distribution, it being understood that the amount to be distributed may not exceed profits made since the end of the last
accounting year for which the annual accounts have been approved, if any, increased by carried forward profits and
distributable reserves, and decreased by carried forward losses and sums to be allocated to the legal reserve;

(iii) the Company's auditor, if any, has stated in his/her report to the Board that items (i) and (ii) above have been

satisfied;

(iv) the decision to distribute interim dividends must be taken by the Shareholders or the Board within two (2) months

from the date of the interim accounts;

(v) the rights of the creditors of the Company are not threatened, taking into account the assets of the Company; and

64427

U X E M B O U R G

(vi) where the interim dividends paid exceed the distributable profits at the end of the accounting year, the Shareholders

must refund the excess to the Company.

Art. 24. Dissolution. The Company is not dissolved by reason of the death, suspension of civil rights, incapacity,

bankruptcy, insolvency or any similar event affecting one (1) or several Shareholders.

The Company may be dissolved, at any time, by a resolution of the General Meeting adopted in the manner required

for the amendment to the Articles, as prescribed in article 11 above. In the event of a dissolution of the Company, the
liquidation shall be carried out by one (1) or several liquidators (who may be physical persons or legal entities) appointed
by the General Meeting deciding such liquidation. Such General Meeting shall also determine the powers and the remu-
neration of the liquidator(s).

The surplus, after realization of the assets and the payment of the liabilities, shall be distributed among the Shareholders

proportionally to the Shares held by them.

Art. 25. Applicable law. All matters not expressly governed by these Articles or the Shareholders Agreement shall be

determined in accordance with the Law.

The Shareholders are also parties to the Shareholders Agreement and by holding interests in the Company acknow-

ledge and agree that (i) all the provisions of the Shareholders Agreement are hereby incorporated by reference into the
Articles and are accordingly directly applicable to the Shareholders and that (ii) if any provision of the Articles conflicts
with any provision of the Shareholders Agreement, the provisions of the Shareholders Agreement shall prevail as between
the Shareholders.

Sixth Resolution:

The Meeting resolves to designate Mr. Bakary Sylla and Mr. Robert Kimmels, previously appointed as Managers of the

Company, as Class A Managers of the Company, effective as of the date of the Meeting for an undetermined period of
time.

Seventh Resolution:

The Meeting resolves to appoint (i) Ms. Martina Schuemann as new Class A Manager of the Company, effective as of

the date of the Meeting for an undetermined period of time and (ii) Mr. Ole Marquardt as new Class B Manager of the
Company, effective as of the date of the Meeting for an undetermined period of time.

The undersigned notary who understands and speaks English, states herewith that at the request of the above appearing

parties, the present deed is worded in English followed by a French version. At the request of the same appearing parties
and in case of divergences between the English and the French versions, the English version will prevail.

Whereof the present notarial deed was drawn up in Luxembourg, on the day named at the beginning of this document.
This document having been read to the appearing parties, who are known to the undersigned notary by their surnames,

names, civil status and residence, the said appearing parties signed the present deed together with the undersigned notary.

Suit la traduction en français du texte qui précède:

L'an deux mille treize, le vingt et un du mois de mars, par-devant nous, Maître Jean-Paul Meyers, notaire de résidence

à Rambrouch, Grand-Duché de Luxembourg,

s'est tenue une assemblée générale extraordinaire (l'Assemblée) des associés de LF Hotels Acquico I (GP) S.à r.l., une

société à responsabilité limitée, ayant son siège social au 12, rue Léandre Lacroix, L-1913 Luxembourg, Grand-Duché de
Luxembourg, immatriculée au Registre de Commerce et des Sociétés de Luxembourg (R.C.S. Luxembourg) (RCS) sous
le numéro B 155.838 et ayant un capital social de vingt mille euros (EUR 20.000,-) (la Société). La Société a été constituée
le 9 septembre 2010 suivant un acte de Maître Joelle Baden, notaire de résidence à Luxembourg, Grand-Duché de
Luxembourg, publié au Mémorial C, Recueil des Sociétés et Associations numéro 2456 du 13 novembre 2010. Les statuts
de la Société ont été modifiés pour la dernière fois le 18 février 2013 suivant un acte de Maître Paul Decker, notaire de
résidence à Luxembourg, Grand-Duché de Luxembourg, pas encore publié au Mémorial C, Recueil des Sociétés et As-
sociations.

Ont comparu:

1) Leopard Germany Holding Hotels S.à r.l., une société à responsabilité limitée constituée selon les lois du Grand-

Duché de Luxembourg, ayant son siège social au 12, rue Léandre Lacroix, L-1913 Luxembourg, Grand-Duché du
Luxembourg, immatriculée au RCS sous le numéro B 155.841 et ayant un capital social de vingt mille euros (EUR 20.000,-)
(Leopard), représentée par Bakary Sylla, agissant en sa qualité de gérant,

2) LF Hotels Acquico III S.C.S., une société en commandite simple constituée selon les lois du Grand-Duché de Lu-

xembourg, ayant son siège social au 4, rue Dicks, L-1417 Luxembourg, Grand-Duché du Luxembourg, immatriculée au
RCS sous le numéro B 175.706 (LFHA), représentée par LF Hotels Acquico III (GP) S.à r.l., une société à responsabilité
limitée une société à responsabilité limitée constituée selon les lois du Grand-Duché de Luxembourg, ayant son siège
social au 4, rue Dicks, L-1417 Luxembourg, Grand-Duché de Luxembourg, immatriculée au RCS sous le numéro B 175.737
et ayant un capital social de vingt mille euros (EUR 20.000,-) en qualité d'associé commandité, représentée par Ole
Marquardt, en qualité de gérant unique.

64428

U X E M B O U R G

Les parties comparantes mentionnées aux points un (1) et deux (2) ci-dessus sont les associés actuels de la Société et

sont désignés ci-après comme les Associés.

Les Associés, représentés tels que décrits ci-dessus, ont requis le notaire soussigné d'acter ce qui suit:
I. Que cent (100) parts sociales, ayant une valeur nominale de deux cents euros (EUR 200,-) chacune, représentant

l'entièreté du capital social de la Société d'un montant de vingt mille euros (EUR 20.000,-) sont dûment représentées à
cette Assemblée, laquelle est partant régulièrement constituée et peut délibérer sur les points de l'ordre du jour, reproduit
ci-après;

II. Que l'ordre du jour de l'Assemblée est le suivant:
1. Renonciation aux formalités de convocation.
2. Modification de l'objet social de la Société et de l'article deux (2) des statuts de la Société (les Statuts) qui, sera

renuméroté comme article trois (3) et qui dans la version française des statuts modifiés et refondus telle qu'adoptée sous
le point cinq (5) ci-dessous, aura la teneur suivante:

« Art. 3. Objet Social. La Société sera désignée et agira en tant qu'associé commandité de la SCS.
L'objet de la Société est l'acquisition, la détention, la gestion et la disposition de participations ou d'intérêts, tant au

Luxembourg qu'à l'étranger, dans toutes sociétés et/ou entreprises sous quelque forme que ce soit. La Société peut
notamment acquérir par souscription, achat et échange ou de toute autre manière tous titres, actions et autres valeurs
de participation, obligations, titres de créances, certificats de dépôt et autres instruments de dette, et plus généralement,
toutes valeurs et instruments financiers émis par toute entité publique ou privée. Elle peut participer à la création, au
développement, à la gestion et au contrôle de toute société et/ou entreprise. Elle peut en outre investir dans l'acquisition
et la gestion d'un portefeuille de brevets ou d'autres droits de propriété intellectuelle de quelque nature ou origine que
ce soit.

La Société peut emprunter sous quelque forme que ce soit excepté par voie d'offre publique et elle peut procéder,

uniquement par voie de placement privé, à l'émission d'obligations, de billets à ordre, de titres de créance ou de toute
sorte de titres représentatifs de dette ou de capital.

La Société peut prêter des fonds comprenant, sans limitation, ceux résultant de ses emprunts et/ou des émissions de

titres représentatifs de dette ou de capital de toute sorte, à ses filiales, à des sociétés affiliées et/ou à toutes autres sociétés
ou entités jugées appropriées.

La Société peut également garantir, accorder des garanties à ou assister autrement des sociétés dans lesquelles elle

détient une participation directe ou indirecte ou des sociétés qui font partie du même groupe de sociétés que la Société.
La Société peut en outre consentir des garanties, nantir, céder ou grever de charge ou créer, de toute autre manière,
des sûretés portant sur tout ou partie de ses avoirs pour garantir ses propres obligations et celles de toute autre société,
généralement pour son propre bénéfice et celui de toute autre société ou personne. Pour éviter toute ambiguïté, la
Société ne peut pas exercer d'activités réglementées du secteur financier sans avoir obtenu l'autorisation requise.

La Société peut encore agir en tant qu'associé commandité ou commanditaire avec responsabilité illimitée ou limitée

pour toutes les créances et obligations de sociétés en commandite (partnership) ou entités similaires.

La Société peut employer toutes techniques et instruments nécessaires à une gestion efficace de ses investissements,

y compris des techniques et instruments destinés à la protéger contre les risques liés aux crédits, aux fluctuations mo-
nétaires, aux fluctuations de taux d'intérêt et autres risques.

La Société peut, pour son propre compte ainsi que pour le compte de tiers, accomplir toutes les opérations (com-

prenant, sans limitation, des transactions mobilières et immobilières) utiles ou nécessaires à l'accomplissement de son
objet social ou se rapportant directement ou indirectement à celui-ci.»

3. Conversion des parts sociales existantes de la Société en soixante-quinze (75) parts sociales de catégorie A et vingt-

cinq (25) parts sociales de catégorie B, ayant une valeur nominale de deux cents euros (EUR 200,-) chacune et modification
de l'article six (6) des Statuts.

4. Raccourcissement du premier exercice social au 28 mars 2013 et modification de l'article vingt (20) des Statuts pour

aligner en conformité les exercices sociaux subséquents de la Société.

5. Refonte et renumérotation des Statuts dans leur intégralité et, dans la mesure nécessaire, insertion et modification

de titres dans les Statuts.

6. Désignation de M. Bakary Sylla et M. Robert Kimmels, précédemment nommés en tant que Gérants de la Société,

en tant que Gérants de Catégorie A de la Société, avec prise d'effet à la date de l'Assemblée pour une durée indéterminée.

7. Nomination de (i) Mme Martina Schuemann en tant que nouveau Gérant de Catégorie A de la Société, avec prise

d'effet à la date de l'Assemblée pour une durée indéterminée et (ii) M. Ole Marquardt en tant que nouveau Gérant de
Catégorie B de la Société, avec prise d'effet à la date de l'Assemblée pour une durée indéterminée.

8. Divers.
III. Que l'Assemblée a pris les résolutions suivantes à l'unanimité:

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U X E M B O U R G

Première Résolution:

La totalité du capital social de la Société étant représenté à la présente Assemblée, l'Assemblée renonce aux formalités

de convocation, les Associés présents se considérant comme dûment convoqués et déclarant avoir une parfaite connais-
sance de l'ordre du jour qui leur a été communiqué avant l'Assemblée.

Deuxième Résolution:

L'Assemblée décide de modifier l'objet social de la Société et l'article deux (2) des Statuts qui sera renuméroté en

article trois (3) et qui dans la version française des statuts modifiés et refondus telle qu'adoptée sous la Cinquième
Résolution ci-dessous, aura la teneur suivante: