The company's purpose is the manufacture and sale of bicycles, components, accessories, sports and non-sports equipment made of carbon and other materials. The company may carry out all transactions and conclude all contracts that are likely to promote the purposes set by the company, or that are directly or indirectly related to these purposes. It may conduct its activities both in Switzerland and abroad, and take participations in other companies or associate with other companies. It may acquire real estate, encumber it, alienate it and manage it. The company may, with or without remuneration, grant loans to its members or to third parties, or provide guarantees of all kinds to cover the commitments of its members or third parties.