The company's purpose is to provide management, development and personnel services. It can carry out commercial and service transactions of any kind, in particular in the aforementioned areas. It can establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish them. It can acquire, manage, exploit and sell intangible assets such as licenses, industrial property rights, know-how and real estate, as well as enter into all transactions and conclude contracts that are suitable for promoting the purpose of the company or that are directly or indirectly related to it. The company can grant loans or other financing to its direct or indirect subsidiaries and provide security of any kind for liabilities of such other companies.