The company's purpose as a holding company is to manage, acquire and dispose of participations in companies of all kinds in Switzerland and abroad, as well as licenses and rights. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, manage and dispose of real estate, securities and/or intellectual property rights of all kinds in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant securities for liabilities of affiliated companies and third parties.