Holding of participations. May acquire, hold and sell automobiles and real estate and conclude all transactions suitable to promote the purpose of the company, establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad and conduct all business directly or indirectly related to its purpose, such as sponsoring and financial support of projects, private individuals, associations and other companies, acquire, encumber, sell and manage real estate in Switzerland and abroad, also arrange financing for its own account or for the account of third parties and provide security for liabilities of affiliated companies and third parties.