The purpose of the company is to provide distribution, marketing and management services for the benefit of its parent company. The company can establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. It can acquire, hold, mortgage and sell real estate. The company can also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. Furthermore, the company can grant direct or indirect financing to its direct or indirect parent, sister and subsidiary companies as well as to third parties, including its direct or indirect shareholders and their direct or indirect subsidiary companies, and provide securities of all kinds for its own liabilities and those of other companies (including its direct or indirect parent, sister and subsidiary companies as well as third parties, including its direct or indirect shareholders and their direct or indirect subsidiary companies), including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not. In addition, it can operate a liquidity adjustment/concentration of net liquidity (cash pooling) with the aforementioned companies or join such a system, including periodic account settlement (zero balancing). This also applies to preferential conditions without interest, excluding the company's pursuit of profit and assuming cluster risks.
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