The purpose of the company is the manufacture and trade of watch dials. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as carry out all operations directly or indirectly connected with its purpose. The company may acquire, encumber, alienate and manage real estate in Switzerland and abroad. It may also make financing for its own account or for the account of third parties, as well as enter into guarantees and sureties for subsidiaries and third parties. The Company is part of a group and, in pursuing its corporate purpose, may take into account the interests of the group. The Company may, in particular, grant loans or other direct or indirect financing, including those within the framework of cash pooling agreements, to companies directly or indirectly controlled and to third parties, including its direct or indirect shareholders and companies directly or indirectly controlled by them; to secure the obligations contracted by them, the Company may provide guarantees or collateral of any kind, including pledges on the Company's assets or fiduciary assignments of the same.
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