The company's purpose is the acquisition, holding, management and disposal of participations in other Swiss and/or foreign companies, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), as well as the management, coordination and financing of its subsidiaries. It may grant credits, loans or any other type of financing to its direct or indirect parent companies and to its direct or indirect subsidiaries, and provide any type of security for its own commitments and the commitments of such companies, including in the form of guarantees, pledges, global assignments, transfers of ownership for security purposes, security assignments and discharge declarations, even if such credits or securities are granted free of charge. Furthermore, the company may carry out a compensation of liquidity/net liquidity concentration (cash pooling) with the aforementioned companies or join them, including periodic account compensation (balancing). The company may also do all this without consideration, on preferential terms, without interest, excluding the pursuit of the company's profit motive and taking a cumulative risk.
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