The company's purpose is to develop, manufacture and distribute pneumatic components and systems, including electronic control, as well as machines, tools, equipment and individual parts thereof. The company is authorized to conduct all business and take all measures that are suitable to promote the company's purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, utilize and sell real estate and intellectual property rights in Switzerland and abroad. The company may engage in all commercial, financial and other activities that appear to be suitable to promote the company's purpose or are related to it.