The company's purpose is to acquire, sell, administer and manage participations in all companies or enterprises, directly or indirectly, in Switzerland or abroad. The company may carry out all financial, commercial, industrial, movable and immovable transactions, in Switzerland and abroad, directly or indirectly related to its main purpose, either on its own account or on behalf of third parties. The company may establish subsidiaries and branches in Switzerland and abroad, participate in all enterprises having a direct or indirect connection with its purpose, grant loans or guarantees to subsidiaries, shareholders or third parties.