The purpose of the company is to hold and manage participations and intellectual property rights as well as to acquire, manage and commercially exploit trademarks, patents and licenses. The company may establish branches and subsidiaries in Switzerland and abroad, take over representations and engage in any business activities and conclude contracts of any kind that may be beneficial to the company's purpose or are directly or indirectly related to the company's purpose. It may acquire, hold, encumber and sell real estate in Switzerland and abroad. In particular, the company may grant loans and other direct or indirect financing to its direct and indirect subsidiaries as well as to third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, including within the framework of cash pooling agreements, and provide security of any kind for the obligations of these parties, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.
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