The purpose of the company is to acquire, hold, encumber, manage and dispose of participations of any kind in the sense of a holding company, as well as to finance companies in which it has a stake. Furthermore, the company may conduct business that is intended or suitable to promote or facilitate the development of the company and the achievement of its purpose, directly or indirectly. In particular, it may establish branches in Switzerland and abroad, acquire, encumber and sell real estate. The company may acquire, manage, encumber and dispose of securities and intellectual property rights of all kinds, as well as conduct financial, investment and trust transactions of all kinds. The company may also provide services related to its corporate purpose.