The company's purpose is: the acquisition, holding, administration, management, and disposal of equity interests in commercial, financial, and industrial companies, both in Switzerland and abroad. It may carry out financial transactions with affiliated companies, as well as provide services to its subsidiaries and to third parties. The company is authorized to establish branches, subsidiaries, and foundations, both in Switzerland and abroad, and to participate in other companies. It may also acquire, sell, hold, lease, and manage tangible and intangible assets for its own use and/or for the achievement of its corporate purpose. The company may grant loans, guarantees including mortgages, endorsements, and sureties, even to third parties, excluding, however, the exercise of activities subject to authorization under Swiss banking and insurance legislation. It is authorized to engage in any further activities aimed at achieving the corporate purposes or objects mentioned or connected with the same, both in Switzerland and abroad. The company may carry out all commercial, financial, and real estate operations necessary or useful for the achievement of its corporate purpose.