The company's purpose is: to acquire, hold, manage and dispose of direct and indirect participations in other companies of all kinds, in particular in the areas of real estate, finance, industry and trade in Switzerland or abroad, directly or indirectly, in its own name and on its own account or on behalf of third parties for investment purposes or for any other reason, as well as to finance subsidiaries; the acquisition and disposal of real estate (in Switzerland, excluding transactions subject to the Federal Act on the Acquisition of Real Estate by Persons Abroad) in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire (in Switzerland, excluding transactions subject to the Federal Act on the Acquisition of Real Estate by Persons Abroad), hold, encumber and dispose of real estate. Furthermore, the company may conclude all transactions related to its main purpose and take all measures that the management considers suitable in the interest of the company. It may grant or secure loans and guarantees to shareholders or third parties and secure pledges by means of pledge certificates.