The purpose of the company is to acquire and hold participations in other companies, to manage and administer Swiss and foreign companies of all kinds. The company can conduct all business that appears suitable for promoting its purpose. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.