The purpose of the company is to acquire, hold, manage and sell participations in enterprises, as well as to purchase, develop, hold, manage, license and sell registered and unregistered intellectual property rights of all kinds, such as copyrights, patents and know-how. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. In particular, the company may provide direct or indirect financing to directly or indirectly related companies and third parties, including direct or indirect shareholders and their directly or indirectly related companies. Furthermore, the company may enter into all types of security for any type of liability of such related companies, including pledges on or fiduciary transfers of assets of the company or related companies, or issue guarantees of all kinds, for consideration or not.