The company's purpose is to purchase, manufacture and sell furniture, household equipment, electronic devices and appliances, as well as to provide various services, including accounting, financial, legal, administrative, IT and human resources services to third parties or affiliated entities. The company may hold direct or indirect participations in companies and businesses of all kinds in Switzerland and abroad, excluding all operations prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners. The company may grant financing to its direct and indirect subsidiaries, as well as to third parties, including its direct or indirect shareholders or companies in which these shareholders have a direct or indirect participation. The company may also issue guarantees of all kinds on its assets, including through pledges, trust transfers or assignments of security, to secure the company's obligations or those of other companies, with or without remuneration. The company may also issue guarantees, sureties or otherwise guarantee the obligations of the company or any other company, with or without remuneration. Furthermore, the company may be a party to cash pooling, liquidity, current account and centralization agreements, including those involving periodic balance adjustments, compensations and settlements, with or without remuneration, and this also regardless of the company's profit motive and the substantial degree of risk concentration. In addition, the company may acquire or grant licenses. The company may also buy, hold, manage or sell real estate in Switzerland and abroad, excluding all operations prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners. Furthermore, the company may engage in all financial, real estate, industrial or commercial activities directly or indirectly related to its purpose. The company may, in particular, create subsidiaries or branches in Switzerland or abroad.
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