The company's purpose is to acquire, establish, renovate, manage, operate and support educational organizations such as nurseries, kindergartens, day-care centers, after-school care centers and (private) schools. The company may establish branches in Switzerland and abroad, participate in, acquire or establish other companies in Switzerland and abroad, acquire, utilize and sell industrial property rights, know-how, intellectual property rights and real estate, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. The company is part of a group and may consider the interests of this group when pursuing its corporate purpose. In particular, the company may grant loans and other direct or indirect financing to its direct and indirect subsidiaries and third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, including within the framework of cash pooling agreements, and provide security of all kinds for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.