The purpose of the company is to acquire, finance, manage, hold, and sell participations of all kinds, both domestically and abroad. The company may establish branches, subsidiaries, and other legal entities, both domestically and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of, and manage real estate and other tangible or intangible assets. The company may also grant direct or indirect financings (including as liquidity equalization/concentration of net liquidity; cash pooling) to its direct or indirect subsidiaries as well as to third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries. Furthermore, the company may provide securities of all kinds for its own liabilities as well as those of other companies (including its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect shareholders and their direct or indirect subsidiaries), including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether or not for consideration.