Participation in financial, industrial, commercial and real estate companies, both in Switzerland and abroad. To this end, the company may acquire, manage and sell equity participations or limited partnerships, company shares and participate in other companies. The company's holdings may be acquired and managed in any form, in particular through ownership of shares, company participations of any kind, real estate ownership, holding of rights and any other commercially permissible manner. The company may transfer its assets to the benefit of its subsidiaries or other companies belonging to it. The company may establish branches and subsidiaries in Switzerland and abroad, with an identical, similar or different purpose. The company may grant direct or indirect financing to third parties, including shareholders of the company or companies in which they participate, through loans or other financing methods, or through guarantees of any kind, with or without consideration. The company may carry out independently or through third parties any direct, indirect and/or collateral activity deemed useful, preparatory or resulting from the achievement of the company's purpose.