The company's purpose is to provide services related to the implementation of study programs, courses and other training and further education events on the Norwegian high-seas sailing ship "Sorlandet". The company may establish branches, participate in other companies in Switzerland and abroad, acquire similar or related businesses or merge with them, acquire, encumber and sell real estate, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.