The long-term participation in companies and commercial and industrial enterprises, both in Switzerland and abroad, the acquisition, management, holding, administration and sale of participations, shares and other financial instruments of Swiss and foreign companies. The company may acquire, hold, use and transfer trademarks, patents, know-how and other intellectual property rights. Furthermore, the company is active in the acquisition, holding, management, rental and sale of real estate, both directly and indirectly, both through participations in real estate companies in Switzerland and abroad, in compliance with applicable regulations. The company may acquire, hold, manage and sell valuable movable assets, including, but not limited to, yachts, cars, jewelry, watches, works of art and other luxury goods. It may also carry out all commercial, financial and administrative activities necessary to achieve the company's purpose and/or to develop business, as well as open branches and subsidiaries in Switzerland and abroad.