The company's purpose is to acquire, hold, manage and dispose of participations and real estate. To this end, the company may acquire, encumber and dispose of shares in companies; provide services of all kinds related to the company's purpose and/or its participations; acquire, use and dispose of licenses, patents, names and trademark rights; acquire, develop, encumber, hold and dispose of properties, as well as enter into all transactions and conclude contracts that are suitable to promote the company's purpose or are directly or indirectly related to it. The company does not engage in asset management and does not conduct banking business. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, dispose of and manage intellectual property rights and properties. The company may engage in all commercial and financial activities directly or indirectly related to its purpose.