The company may acquire and manage participations, participate in all commercial, industrial, financial, and real estate enterprises, located in Switzerland or abroad. It may carry out all purchase and sale operations, representation, commission, and brokerage that are likely to develop its purpose, and generally all commercial, industrial, real estate, financial, and consulting operations having a direct or indirect connection with its purpose. It may also grant loans to its shareholders or third parties, provide guarantees or guarantees for any commitment made by its shareholders or third parties. Furthermore, the Company may, in Switzerland and abroad: establish branches or subsidiaries, take participations in, and more generally participate in, all enterprises and entities having a direct or indirect connection with its purpose; carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or real estate operations (excluding operations subject to the authorization regime under the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE)) directly or indirectly related to its purpose or likely to promote it, in particular, when permitted by law, acquire, manage, operate, and sell real estate; in summary, the company may carry out all real estate operations. grant loans or any other form of financing, and provide guarantees of any kind, for the direct or indirect benefit of its associates, companies of the same group, or third parties, in particular in the form of guarantees, pledges, or securities on the Company's assets.