The purpose of the company is the acquisition, management and disposal of participations. The company may acquire, sell, hold and broker participations, intellectual property rights and real estate, conduct financial transactions and establish subsidiaries. The company may grant direct or indirect financing to third parties, including companies in which it is directly or indirectly invested, its direct or indirect shareholders and companies in which such parties are directly or indirectly invested, whether by way of loans or other financing, including within the framework of cash pooling agreements, and provide security of any kind for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or by way of guarantees of any kind, whether against payment or not.