The purpose of the company is the acquisition, holding, permanent management, disposal and financing of domestic and foreign participations. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may grant direct or indirect financing to third parties, companies in which it is directly or indirectly involved, direct or indirect shareholders or companies in which such parties are directly or indirectly involved, whether by means of loans or other financing or by providing securities of any kind, whether against payment or not. The company may also conclude cash pooling agreements with other group companies. The company may acquire, encumber, hold, manage, exploit and dispose of real estate and intellectual property rights in Switzerland and abroad. The company may carry out all commercial, financial and other activities that appear suitable to promote the purpose of the company or are connected with it.