To acquire, hold, sell, administer, manage and finance all direct or indirect participations of any kind in any type of companies and corporations, in Switzerland, excluding participations in non-listed real estate companies, and abroad. The company may create subsidiaries and branches. The company may acquire, hold, encumber and dispose of commercial properties and intellectual property rights. The company may carry out all commercial, financial or other transactions that are directly or indirectly related to its corporate purpose. The company may grant loans and other direct or indirect financing to group companies and third parties, including its shareholders (direct and indirect) and companies of their groups, including within the framework of centralized cash management agreements (cash pooling), and provide guarantees of all kinds for their commitments, including through pledges or fiduciary transfers of the company's assets or guarantees of all kinds, for consideration or not.
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