The acquisition, management and sale of participations, the provision of financial and administrative services in direct and indirect connection with the company's purpose. Any participation in real estate companies holding residential properties in Switzerland is excluded. The company may: carry out all movable and immovable transactions and conclude all contracts that are intended to develop its purpose or relate directly or indirectly thereto; engage in any financial, commercial or industrial activity in direct or indirect connection with its purpose; establish branches or subsidiaries in Switzerland and abroad; participate in all enterprises in Switzerland and abroad having a direct or indirect connection with its purpose; grant loans or guarantees to associates or third parties if this serves its interests.