The Company's purpose is to operate an electrical enterprise, i.e. to carry out all work directly or indirectly related to electricity and in particular all operations related to electrical installations, telephones, radios, televisions, computer equipment, as well as any trade in electrical appliances. The company may participate in similar commercial or industrial operations, participate in a study and project office directly or indirectly related to electricity or operate it. Furthermore, it may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable operations directly or indirectly related to its corporate purpose and take an interest, in any form, in all similar enterprises, in particular by acquiring a stake in similar enterprises. The company may also establish branches and subsidiaries in Switzerland and abroad. The Company may also, in Switzerland and abroad, establish branches or subsidiaries, acquire stakes in, and more generally participate in, all companies and entities having a direct or indirect relationship with its purpose; carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable operations (excluding operations subject to the authorization regime under the Federal Act 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; 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.