The company's purpose is to organize and operate a family household. In addition, the company may participate in, establish, acquire, merge with or take over other companies of any kind, both domestically and abroad. It may acquire, encumber and dispose of real estate and intellectual property rights, both domestically and abroad, and establish branches and agencies in Switzerland or abroad by resolution of the board of directors. Furthermore, the company may acquire, manage and sell securities. The company may also provide financing for its own account or for the account of third parties, as well as enter into guarantees, sureties and other security transactions for the benefit of other group companies. It may grant loans or credits to its direct or indirect shareholders or other group companies, conclude cash pooling agreements with them and provide collateral of any kind for their liabilities to third parties.
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