Acquisition, development, holding, management and sale as well as rental of properties. May participate in other companies, acquire, exploit, manage and sell land and intellectual property rights, establish subsidiaries and branches in Switzerland and abroad, and carry out all legal transactions that may be necessary or useful for the purpose of the company or for the development of the company or its group companies. Grant direct or indirect financing to third parties, including companies in which it has a direct or indirect interest, its direct or indirect shareholders, and companies in which such parties have a direct or indirect interest, by means of loans or other financing, including within the framework of cash pooling agreements, and provide security of any kind for their obligations, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.