The company's purpose is to acquire and manage domestic and foreign participations in the sense of a holding company, as well as to assume management, control and coordination functions. The company may establish branches and subsidiaries in Switzerland and abroad. The company may, also without adequate consideration and assuming cluster risks, conduct business of any kind with or for the benefit of related parties, in particular its direct and indirect shareholders as well as other group companies, namely (i) grant loans to these persons, (ii) issue guarantees, sureties, pledges or other securities to secure their liabilities, or (iii) enter into service contracts with these persons. The company may acquire, manage, encumber and sell real estate and participations in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.