The purpose of the company is to provide (a) board members or managing directors and (b) trustee shareholders to Swiss and foreign companies and entities. The company may establish branches and subsidiaries in Switzerland and abroad, take over representations, and engage in any business activities and conclude contracts of any kind that may be beneficial to the company's purpose or are directly or indirectly related to it. The company is authorized to acquire, hold, encumber, manage, utilize, and sell intellectual property rights, real estate, and building rights in Switzerland and abroad. The company is part of a group controlled by UBS Group AG as the parent company. It may promote the interests of the parent company or other group companies. The company may grant loans, guarantees, and other forms of financing and security to group companies and raise and invest funds on the money and capital markets.