The purpose of the company is to acquire, manage and dispose of participations in domestic and foreign companies, particularly in the steel industry. The company may establish branches and subsidiaries in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, hold and dispose of real estate and intellectual property rights in Switzerland and abroad. The company may conduct investment and lending transactions of any kind, provide guarantees, grant direct or indirect financing to group companies or third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide security for the liabilities of such other companies, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether for consideration or not. Furthermore, it may engage in liquidity balancing / concentration of net liquidity (cash pooling) with the aforementioned companies or join such a system, including periodic account balancing (zero balancing), also under preferential conditions without interest, excluding the company's profit motive and assuming cluster risks.
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