The purpose of the company is to hold, acquire, manage, administer and transfer intellectual property rights for digital and other parts of the global Carrier business. The company may also take over and manage the global procurement services and the global spare parts business of the Carrier Group. The company may carry out all necessary business activities in this context. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold and sell real estate. The company may carry out all commercial, financial and other activities that are related to the purpose of the company. The company is part of the Carrier Group and may consider the interests of the Carrier Group in pursuing its corporate purpose. In particular, the company may grant loans and other direct or indirect financing to other group companies, including their direct and indirect shareholders and their direct and indirect subsidiaries, including within the framework of cash pooling agreements, and provide security of all kinds for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether paid or unpaid.