The purpose of the company is to acquire, hold, manage and sell participations in companies in Switzerland and abroad. The company may also carry out all activities and transactions and enter into all agreements that directly or indirectly serve its purpose or are directly related thereto. The company may grant loans to its direct or indirect parent company and its direct or indirect subsidiaries or those of the parent company or provide other forms of financing and may provide securities of any kind for obligations of these companies, including by pledging or trust transfer of the company's assets or by guarantees of any kind, with or without compensation. The company may establish branches and subsidiaries in Switzerland and abroad and may acquire, manage, hold and sell real estate in Switzerland (exclusively for purely commercial purposes) and abroad.