In Switzerland and abroad, excluding any real estate transaction in Switzerland that does not have an exclusively commercial purpose and excluding any activity subject to the Federal Act on Financial Institutions (LEFin) and the Federal Act on Financial Services (LSFin): all services and consulting in Switzerland and abroad in the economic, financial and administrative fields, execution of consulting mandates also in the areas of management and accounting, in Switzerland and abroad, assistance in mergers, acquisitions, strategic alliances, financial transactions, project engineering and development, investment management, brokerage and consulting in the real estate sector. In general, the company may carry out all financial, commercial, industrial, movable and immovable transactions that may be directly or indirectly related to its purpose or likely to facilitate its application and development, all for its own account or for the account of third parties, or in participation in any form whatsoever, excluding any real estate transaction that does not have an exclusively commercial purpose. The company may create subsidiaries and branches in Switzerland and abroad.