The company's purpose is to acquire and manage domestic and foreign participations in the sense of a holding company, as well as to assume management, control and coordination functions. The company may establish or invest in branches, subsidiaries and other legal entities in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate and other tangible or intangible assets. Furthermore, the company may provide direct or indirect financing (including as a liquidity adjustment/concentration of net liquidity (cash pooling)) to its direct or indirect subsidiaries, as well as to third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and grant securities of all kinds for its own liabilities and those of other companies (including its direct or indirect subsidiaries, as well as third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries), including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not. This also applies under preferential conditions without interest, excluding the company's profit motive and assuming cluster risks.
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