The company's purpose is to engage in the activity of a holding company, namely the acquisition, purchase, sale, administration, management and holding of participations in all companies or enterprises, directly or indirectly, in Switzerland or abroad. In general, the company may also carry out all operations that are directly or indirectly related to its corporate purpose and that promote its development, including the acquisition of participations in other companies. It may establish branches in Switzerland and abroad or found companies with an identical or similar purpose, carry out all mobile, real estate and financial transactions and conclude all contracts directly or indirectly related to the corporate purpose or likely to contribute to its development. It may also grant loans or guarantees to shareholders or third parties if it serves its interests.