In compliance with the rules regarding the acquisition of real estate by foreign persons (LFAIE; RS 211.412.41), the acquisition, holding, management, sale, administration, development, and realization of participations in all types of commercial, financial, and industrial companies, in Switzerland and abroad. The Company may carry out, both in Switzerland and abroad, for its own account or for the account of third parties, any commercial and financial transaction, directly or indirectly related to its purpose. It may establish branches and subsidiaries in Switzerland and abroad. The Company may acquire or establish companies pursuing an identical or analogous purpose to that of the Company. The Company may hold all types of intellectual property rights, as well as grant licenses on these rights. The Company may grant loans or any other form of financing to companies of the same group or to third parties, as well as provide securities of all kinds, directly or indirectly for the benefit of companies of the same group or third parties, in particular in the form of guarantees, pledges, or securities on the assets of the Company.