The Company's purpose is the acquisition, management and disposal of participations in other companies. The Company may also establish branches and subsidiaries in Switzerland and abroad and acquire and sell participations in other companies in Switzerland and abroad. The Company may acquire, encumber, sell and manage real estate in Switzerland and abroad. The Company may also provide financing on its own account or on behalf of third parties, manage assets and provide guarantees and sureties for controlled companies and third parties. The company is authorized to pledge its assets (fiduciary investments and/or mortgage guarantees) in favor of shareholders. The company may also carry out all financial and commercial transactions that are directly or indirectly related to the company's purpose.