The company's purpose is to acquire, hold, manage and dispose of participations in companies and securities of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad. The company may also conclude all transactions and enter into agreements that serve the company's purpose directly or indirectly or are directly related to it. The company may grant loans or other financing to third parties, including its direct or indirect parent companies and their direct or indirect subsidiaries, and provide security of any kind 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 against payment or not.