The acquisition, sale, holding, administration, management, financing and disposal of Swiss and foreign corporate participations, as well as the exercise of any other activity directly or indirectly related to the achievement of the company's purpose. The Company may grant its direct or indirect subsidiaries financing as well as guarantees of any kind for the obligations assumed by such companies, even if such financing or guarantees are in the exclusive interest of the recipients. The company may hold, lease, acquire and sell real estate in Switzerland and abroad.