The company's purpose is: 1) the acquisition and management of participations in Switzerland and abroad; 2) the acquisition, management and sale of real estate, except for operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE) in Switzerland and abroad; 3) the acquisition, creation, management, operation, development, holding, leasing, lending and sale, on its own account or on behalf of third parties, of movable assets; 4) the importation and marketing in Switzerland and/or abroad of all products; 5) the provision of services and expertise related to the company's purposes. The company may also: a) carry out all commercial and financial transactions; b) in general, perform all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad, as well as conclude all contracts intended to develop its purpose or related thereto directly or indirectly; c) the company may have subsidiaries or establish branches in Switzerland and abroad.