The company's purpose is to hold participations in other companies as well as to acquire, manage and dispose of assets and to conduct financial transactions of all kinds. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may acquire, hold and dispose of real estate. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.