The company's purpose is to hold participations. It may establish branches or subsidiaries in Switzerland or abroad. The company may grant loans or other direct or indirect financing to its direct or indirect subsidiaries as well as to any other company within the group, including its direct or indirect shareholders and their direct or indirect subsidiaries, and may also guarantee their obligations to third parties in any manner, including through pledges, assignments or transfers for security or guarantee purposes of any kind, remunerated or not, even if such guarantees and securities exclusively serve the interests of the direct or indirect shareholders or other companies within the group. Furthermore, it may operate or associate with the aforementioned companies in cash pooling/centralization of net liquidity, including periodic balance adjustments. Finally, it may provide guarantees to creditors for debts incurred by its direct or indirect subsidiaries as well as by any other company within the group, including its direct or indirect shareholders and their direct or indirect subsidiaries.
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