The purpose of the Company is the acquisition, holding, management, administration, development, protection, exploitation and licensing of intellectual property rights of any kind, in particular trademarks, trade names, designs, copyrights, patents, domain names and related rights, especially in relation to the Bally brand and other brands in the fashion, luxury and lifestyle sectors. The Company may grant licenses and sublicenses, enter into royalty, collaboration, research and development, production, distribution, franchising and sponsorship agreements, and may assert and defend its intellectual property rights worldwide. The Company may establish subsidiaries and controlled companies in Switzerland and abroad, acquire, hold and dispose of shares and interests in other companies and may carry out all commercial, financial and other activities directly or indirectly related to its purpose. The Company may acquire, encumber and dispose of real estate in Switzerland and abroad, to the extent permitted by law. The Company may provide financing, including loans, guarantees and other forms of security, to direct or indirect shareholders, affiliates and third parties.