The purpose of the company is to acquire, finance, hold and manage, as well as sell, participations in other companies of any kind in Switzerland or abroad, as well as real estate, with the exception of businesses prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG). The company may exploit, evaluate and manage any intellectual property rights and know-how, as well as conduct financial, trust and investment transactions. The company may acquire, manage, encumber and dispose of real estate and intellectual property rights in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may grant or receive direct or indirect financing to its direct or indirect subsidiaries, as well as to third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide or receive security of any kind for the obligations of such companies, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether paid or unpaid.