The company's purpose is the holding, administration, and sale of shares in any commercial, industrial, or other companies, in Switzerland or abroad, as well as the purchase, sale, holding, and management of all real estate properties, with the exception of any transaction subject to the Federal Law on the Acquisition of Real Estate by Persons Abroad (LFAIE). The company may engage in any financial, commercial, industrial, movable, or immovable activity, directly or indirectly related to its purpose or likely to facilitate its realization, conclude contracts that are intended to develop its activities or that are directly or indirectly related thereto, receive income in the form of interest, commissions, and dividends, create branches or subsidiaries in Switzerland and abroad, take shares, acquire or create identical or analogous businesses, participate in any enterprises having a direct or indirect relation to its purpose. It may carry out these operations both for its own account and for the account of others. It may acquire, operate, and dispose of real estate properties. It may grant loans and provide guarantees in favor of any person, including its shareholders and directors.