The Company's purpose is to carry out all investment, purchase, sale and real estate promotion operations, including the financing and development of a real estate portfolio. To achieve this purpose, the Company is authorized to lend, pledge assets in favor of shareholders or third parties. The Company may create branches and subsidiaries in Switzerland and abroad, participate in other companies of any kind, take over representations and exercise any activity and conclude agreements of any kind that are likely to promote the Company's purpose or are directly or indirectly related to it. The Company is part of a group and may, as such, take into account the interests of the group in pursuing its purpose. The Company may grant loans and other direct or indirect financing to its direct or indirect subsidiaries and to third parties, including its direct or indirect shareholders and the direct or indirect subsidiaries of such shareholders, including without restriction, in the context of liquidity management activities within the group (including zero balancing), and constitute security of any kind in favor of these parties, including by means of pledges or transfers of the Company's assets on a fiduciary basis or through guarantees of any kind, and this also gratuitously, on preferential terms, without interest, excluding the pursuit of profit by the Company and/or taking concentrated risks.
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