The company's purpose is to acquire, hold, manage and sell art. It may operate an art gallery. The company may conduct all business that is suitable to promote the company's purpose. In particular, it is authorized to establish or participate in companies, foundations, associations and institutes in Switzerland and abroad, and to take over their management. The company may establish branches in Switzerland and abroad. Furthermore, the company may grant loans and other direct or indirect financing to its direct and indirect subsidiaries, as well as to third parties, including its direct and indirect shareholders and companies held directly or indirectly by the shareholders, and may provide security for their liabilities of any kind, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether paid or unpaid.