The company's purpose is all activities related to the nautical sector and other related areas, as well as the design and related technical consulting, construction, purchase and sale, brokerage, rental and storage of boats, as well as the marketing of all associated accessories, including spare parts and the provision of all related services. The company may carry out all activities (analysis, research and selection of products, etc.) suitable to offer its customers the best productive solutions at the highest quality level, in particular in the areas of marketing, development and support of communication strategies, creation of marketing plans, as well as market studies and research. The company may also carry out activities of granting loans, guarantees, including mortgages, sureties and guarantees also in favor of third parties, excluding, however, the exercise of banking and insurance activities. The company may also acquire, encumber, manage, administer and sell real estate in Switzerland and abroad, as well as participate in real estate companies and enterprises with headquarters and/or activities in Switzerland and abroad, in compliance with the applicable regulations. Any activity carried out in the real estate sector is not directed towards third parties but limited to real estate for its own account. The company may assume, on its own account and not in a fiduciary capacity, interests and participations in other industrial, commercial, financial and service companies in Switzerland or abroad, in the sector related to the company's purpose or in other sectors. Finally, the company may carry out all commercial, industrial and financial operations deemed necessary or useful and functionally connected with the company's purpose or aimed at achieving it, and open branches and subsidiaries in Switzerland and abroad.