The company's purpose (in strict compliance with the rules regarding the acquisition of real estate by foreigners) is: a) to acquire, manage and administer participations in all industrial, commercial, financial or other companies in Switzerland or abroad; b) as an ancillary activity, to carry out all commercial and financial transactions - whether movable or immovable - directly or indirectly related to the above-mentioned purpose(s), as well as to take participations in all Swiss or foreign companies pursuing identical or similar purposes. The company may also grant loans and/or guarantees, in any form, to its shareholders or third parties. The company may exercise its activity both in Switzerland and abroad.