The company's purpose is to hold shares, respectively stakes in other Swiss or foreign companies, without any limitation on the purpose of the subsidiaries, nor any geographical limitation. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may appoint representatives, may grant direct or indirect financing to third parties, including the company's shareholders, or to companies in which such third parties hold stakes, by way of mortgages or other loans. It may also make financings on its own account or on behalf of third parties and assume guarantees and sureties for affiliated companies and third parties. The company may engage in all commercial, financial and other activities that appear useful or related to the realization and promotion of its corporate purpose.