The purpose of the company is the development, technical planning, manufacture, distribution and provision of services for hardware and software products, accessories and solutions for charging electric vehicles with alternating current (AC) and direct current (DC). Furthermore, the company aims to acquire, hold, manage, utilize and dispose of domestic and foreign participations, whether directly or indirectly, in particular in companies in the manufacturing industry and related fields, as well as to provide services, internally or for other subsidiaries of the group to which the company belongs. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, encumber, utilize and dispose of real estate and intellectual property rights in Switzerland and abroad. The company may grant direct or indirect financing to its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, provide security of any kind for its own liabilities and those of other companies (including direct or indirect shareholders of the company or companies in which these shareholders are directly or indirectly involved), including by way of pledges or fiduciary transfers or assignments of the company's assets, or provide guarantees, enter into suretyships or otherwise secure or guarantee the obligations of these other companies, whether for consideration or not. Furthermore, it may engage in liquidity balancing/concentration of net liquidity (cash pooling) with the aforementioned companies or join such a system, including periodic account balancing. This also applies without consideration, on preferential terms, without interest, excluding the company's profit motive and assuming cluster risks. The company may engage in all commercial, financial and other activities that appear to promote the purpose of the company or are related to it.
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