The purpose of the company is to acquire, hold, manage and sell participations in other companies in Switzerland and abroad. The company can acquire, exploit, manage and sell real estate and intellectual property rights, establish subsidiaries and branches in Switzerland and abroad, and furthermore carry out all legal transactions that may be connected with the company's purpose or that are suitable for promoting its development or that of group companies. In addition, the company can participate directly or indirectly in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies, or by providing guarantees, sureties or other securities of any kind for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies and are granted free of charge.