The purpose of the company is to acquire, hold and manage participations, including participations in insurance companies and other financial institutions. The company may establish branches and subsidiaries in Switzerland and abroad. It may also participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, exploit and sell real estate and intellectual property rights. The company may also carry out all commercial, financial and other activities that appear suitable to promote the purpose of the company or are connected with it.