The purpose of the company is to acquire, hold, manage and dispose of participations in other companies in Switzerland and abroad. The company can conduct all business that is directly or indirectly related to this purpose. The company can establish subsidiaries and branches. The company can acquire, hold, encumber and dispose of real estate and intellectual property rights. The company can also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company can grant loans and other direct or indirect financing to group companies and third parties, including its (direct and indirect) shareholders and their group companies, and provide security for their liabilities of all kinds, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.