The purpose of the company is the acquisition, financing, management, holding and sale of participations of all kinds in Switzerland and abroad. The company may establish or invest in branches, subsidiaries and other legal entities in Switzerland and abroad and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate and other tangible or intangible assets. Furthermore, the company may grant direct or indirect financing (including as a liquidity adjustment/concentration of net liquidity (cash pooling)) to its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide collateral of all kinds for its own liabilities and those of other companies (including its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries), including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not, even under preferential conditions without interest, excluding the company's profit-making capacity and assuming cluster risks.
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