The purpose of the company is to acquire, hold, finance and sell participations in other companies of any kind in Switzerland or abroad. The company may establish branches and subsidiaries in Switzerland and abroad, take over representations and carry out any business activities and conclude contracts of any kind that may be beneficial to the company's purpose or are directly or indirectly related to the company's purpose. It may acquire, hold, encumber and sell real estate in Switzerland and abroad, except for transactions prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad. The company may grant loans and other direct or indirect financing to its direct and indirect subsidiaries and third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, including within the framework of cash pooling agreements, and provide security of any kind for the liabilities of these parties, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind. This also without consideration, on preferential terms, without interest, excluding the company's profit motive and assuming cluster risks.
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