The company's purpose is to operate and distribute fitness studios, provide services in the areas of fitness and similar therapies that serve to promote health, as well as related services. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold and sell real estate and intellectual property rights. The company may also engage in all commercial, financial and other activities that are directly or indirectly related to the company's purpose. The company may 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 through loans and/or other financing, including within the framework of cash pooling agreements. The company may provide security of any kind for its own liabilities or the liabilities of the aforementioned persons, including by way of pledges, assignments, fiduciary transfers, guarantees of any kind or by way of offset obligations, whether for consideration or not, 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.
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