The acquisition and management of participations in companies in Switzerland and abroad that engage in commercial, real estate, industrial or financial activities (in the case of companies holding real estate located in Switzerland, these must have an exclusively commercial use). The company may create subsidiaries and branches as well as hold participations in all enterprises (in the case of enterprises holding real estate located in Switzerland, these must have an exclusively commercial use). The company may acquire, hold and dispose of real estate (in Switzerland only real estate with exclusively commercial use) and intellectual property rights. The company may carry out all commercial, financial or other operations that are directly or indirectly related to its corporate purpose. The company may provide direct or indirect financing, whether in the form of loans and/or all other forms of financing, including in the context of treasury operations (cash pooling) against remuneration or not, to third parties or to companies in which it holds direct or indirect participations, as well as to its direct or indirect shareholders and to companies in which they hold direct or indirect participations. The company may also provide all kinds of securities or guarantees to secure its obligations or the obligations of each of these persons, including in the form of pledges, assignments or transfers as securities, guarantees of all kinds or indemnification commitments, against remuneration or not. The company may provide these financings, securities or guarantees even if this would be in the exclusive interest of third parties or companies in which it holds direct or indirect participations, or in the interest of its direct or indirect shareholders or companies in which they hold direct or indirect participations.
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