The purpose of the company is to acquire, manage and dispose of participations in other companies, as well as to carry out financial and administrative transactions of all kinds. The company can acquire, develop, manage and exploit patents, licenses and manufacturing processes, acquire, manage, encumber and dispose of real estate, and carry out, finance and promote any kind of business that is compatible with the company's purpose. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and provide educational services. It can also acquire, hold and dispose of real estate in Switzerland and abroad. Furthermore, it can carry out all commercial, financial and other activities that are related to or suitable for promoting the company's purpose, directly or indirectly.