The company's purpose is to participate in, acquire, manage, administer, conduct and finance commercial enterprises of all kinds in Switzerland and abroad. The company may borrow and grant loans, including - without limitation - proceeds from loans and/or debt securities, to/from its branches, subsidiaries and/or other companies or individuals, as well as in the context of cash pooling contracts. The company may also provide guarantees or collateral, transfer, encumber or create and grant guarantees on all its assets or part thereof, in order to secure its obligations and commitments and/or the obligations and commitments of other companies and, in general, for its benefit and/or for that of other companies or individuals. The company may also hold assets in trust. The company may participate in other companies or commercial enterprises in Switzerland and abroad. It may acquire, manage, encumber and dispose of real estate. It may engage in any commercial, financial or other activity, directly or indirectly related to the company's purpose.