The company's purpose is the permanent management of participations and licenses, asset management, the provision of financial services for group companies, the holding of real estate in Switzerland and abroad, and the conduct of business activities abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide securities for the liabilities of affiliated companies.