The purpose of the company is the holding, management, direct or indirect, of any kind of participation. Furthermore, it may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in all similar companies, in particular by taking a participation in similar companies. The Company may also establish branches and subsidiaries in Switzerland and abroad. The company may, in particular, grant loans and other direct and indirect financing, including, without limitation, participating in cash pooling operations, to its direct and indirect subsidiaries as well as to third parties, including its direct and indirect shareholders and their direct or indirect subsidiaries, and provide guarantees of any kind for the obligations of these companies, including by way of pledge, transfers as security and guarantee of any kind, even if these financings or guarantees are granted without the company receiving remuneration or consideration.