The company's purpose is to acquire and manage long-term investments in other companies, to carry out all related financial transactions, and to acquire and manage real estate. The company may establish branches and subsidiaries in Switzerland and abroad and is authorized, subject to the restrictions applicable to foreigners, to acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may also engage in all commercial, financial and other activities that are suitable to promote the purpose of the company directly or indirectly.