Annual Report 2022

6 The Company The purpose of the company is to construct, maintain, and operate a natural gas transport system that stretches from the northern to the southern border of Switz- erland and, since 2017, also in the reverse direction, as well as to transfer usage of this transport system to FluxSwiss Sagl and Swissgas AG or one of their subsidiaries under a lease agreement. The company has leased its facilities to Flux- Swiss Sagl and Swissgas AG for use. Avail- able transport capacity is allocated to Flux- Swiss Sagl and Swissgas AG according to a fixed distribution key. The company builds and operates this transport system, with multiple transfer stations, on Swiss territory. It can take all measures related to achieving its corporate purpose, acquire, manage, and dispose of real estate and participate in other Transitgas AG was founded on June 25, 1971 and was entered in the Commercial Register of the Canton of Zurich on June 28, 1971. The company is headquartered in Zurich. The Company