The purpose of the company is to participate in other companies of all kinds in Switzerland and abroad. The company can acquire, encumber, manage and sell such participations and finance the companies in which it is involved. The company can acquire, manage and sell securities and intellectual property rights of all kinds, as well as conduct financial, investment, trust and related service transactions. It can acquire, encumber, manage and sell real estate in Switzerland and abroad, establish subsidiaries and branches, and in general enter into all transactions and conclude contracts that may serve to promote the purpose of the company or are directly or indirectly related to it. The company can grant direct or indirect financing to third parties or companies in which it is directly or indirectly involved, as well as to direct or indirect shareholders or companies in which such parties are directly or indirectly involved, whether by means of loans and/or other financing, with or without consideration. The company can provide security of any kind for its own liabilities or the liabilities of the aforementioned persons, including by means of pledges, assignments, fiduciary transfers, guarantees of any kind or by means of offset obligations, with or without consideration, even if such financing, security or guarantees are in the exclusive interest of third parties or companies in which it is directly or indirectly involved, or of direct or indirect shareholders or companies in which such parties are directly or indirectly involved.