The purpose of the company is to participate in other companies, to acquire and sell other companies, to establish branches and subsidiaries in Switzerland and abroad. The company may acquire, manage and sell securities, intellectual property rights and movable and immovable assets and to carry out activities directly or indirectly related to the company's purpose. The company is also authorized to undertake financing for itself or on behalf of third parties and to provide guarantees and to act as guarantor for its subsidiaries and for third parties. The company may carry out all financial, commercial and industrial operations that can be directly or indirectly connected to its corporate purpose and to similar or related purposes that can promote the company's activity.