to provide, both in Switzerland and abroad, advice on strategy, operations and organization of commercial enterprises, as well as advice on marketing, business development, risk management and optimization of internal and external resources and processes; to hold participations in all companies, both in Switzerland and abroad, excluding participations in non-listed real estate companies in Switzerland. The company may create subsidiaries and branches, both in Switzerland and abroad. The company may acquire, hold, encumber and dispose of commercial properties exclusively in Switzerland, but regardless of the purpose abroad, and intellectual property rights, both in Switzerland and abroad. The company may carry out all commercial, financial or other operations that are directly or indirectly related to its purpose, both in Switzerland and abroad. The company may grant loans and other direct or indirect financing to group companies and third parties, including its shareholders (direct and indirect) as well as companies of these groups and provide security of all kinds for their obligations, including through pledges or fiduciary transfers of the company's assets or guarantees of all kinds, for consideration or not, both in Switzerland and abroad.