The purpose of the company is to acquire, manage and dispose of participations in other companies of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad. The company may acquire, manage, encumber and dispose of real estate and participations in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes. The company may grant direct or indirect loans or other financing to third parties and provide securities of any kind, whether gratuitous or remunerated. Third parties also include direct and indirect shareholders of the company as well as companies in which direct or indirect shareholders of the company are involved. Furthermore, the company may conclude cash pooling agreements with other group companies.