The company's purpose is to acquire, hold, manage, protect, license and dispose of intellectual property rights and other intangible assets of all kinds. The company may also participate in, found, acquire and merge with other companies of any kind in Switzerland and abroad. It may acquire, encumber and dispose of real estate and intellectual property rights in Switzerland and abroad, and establish branches and agencies in Switzerland or abroad by decision of the management. It may grant or receive loans or other financing to or from its direct or indirect parent companies and their direct or indirect subsidiaries, for consideration or free of charge, and provide security of any kind for the liabilities of such group companies, including guarantees, pledges and fiduciary transfers of the company's assets. The company may engage in all commercial, financial and other activities that are connected with its purpose. Furthermore, the company may operate or participate in cash pooling of any kind.
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