Degroof Banque Privée

Degroof Banque Privée is the result of the merger between Banque Degroof (Switzerland) SA
and Bearbull (Switzerland) SA on 30.03.06.

Established in 1970, Bearbull (Switzerland) SA, independent asset manager, is solely dedicated
to the international management of assets, both private and institutional, and has used all its
resources to constantly improve and progress in this specific area.

Banque Degroof (Switzerland) SA, which has been present on the Geneva market since 1996,
has developed its know-how over the past decade with the help of the 138 years of experience
of the Degroof Group.

The parent company is situated in Brussels, but the Group now has offices in Belgium, Luxembourg,
Switzerland, Spain, France and in the Bahamas. Its geographical reach has benefited from majority
shareholdings taken over during the past few years in Asset Management companies and financial
institutions, both Belgian and foreign. On 30 September 2008, with a workforce of 1.012 people, the
Group reported assets under management of a total of CHF 36.2 billion and assets under custody of
CHF 69.4 billion.

The Bank is independent and controlled by its management. This year as well, the clients benefit from the recognized competence and the quality of the asset management of Bank Degroof.

Founded in 1871, Bank Degroof is the largest private investment bank in Belgium.
Our performance is recognized in every area in which we are active: Asset Management for private
and institutional clients, market activities and corporate finance, credit and financial structuring.