The acquisition, holding, management, realization and divestment, direct or indirect, of participations in companies in Switzerland and abroad. The Company may establish and maintain subsidiaries and branches in Switzerland and abroad as well as hold participations in any companies in Switzerland or abroad. The company may acquire, hold and dispose of real estate and intellectual property rights. The Company may also carry out all commercial, financial or other activities that are directly or indirectly related to the purpose of the Company. The Company may grant loans and other direct or indirect financing to group companies and third parties, including their members (direct and indirect) and group companies, including within the framework of cash pooling agreements, and provide guarantees of all kinds for their obligations, including through pledges or fiduciary transfers of the company's assets or through guarantees of all kinds, whether for consideration or free of charge.