The purpose of the company is to acquire, hold, manage and dispose of participations in companies in Switzerland and abroad. Furthermore, the company can acquire, manage, dispose of and exploit intellectual property rights. In addition, the company can carry out all commercial, financial and other activities that are intended and suitable to promote or facilitate the development of the company and the achievement of 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, dispose of 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 grant guarantees and sureties for subsidiaries and third parties.