The acquisition, administration, management, holding and sale, as a holding company, of participations in commercial, industrial, financial, service and any other type of companies with a seat and/or activities in Switzerland and/or abroad, on its own account, as well as the financing of companies or enterprises in which it has a participation or to third parties, the granting of credits in any form to companies or enterprises in which it has a participation or to third parties, in particular through loans, advances or guarantees. The company may acquire and sell movable assets, such as works of art, watches, vehicles and luxury furnishings. The company may also, on its own account, acquire, encumber, manage, administer and sell its own real estate in Switzerland and abroad, also through companies or enterprises in which it has a participation. Finally, the company may carry out all commercial, industrial and financial operations or of any other kind deemed necessary or useful and functionally connected with the company's purpose or aimed at achieving its purpose.
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