The company's purpose is to trade in goods of all kinds. The company may also participate in, found, acquire and merge with other companies of any kind in Switzerland and abroad. It may acquire, encumber and sell real estate and intellectual property rights in Switzerland and abroad, and establish branches and agencies in Switzerland or abroad by resolution of the board of directors. The company may engage in all commercial, financial and other activities that are connected with the company's purpose. The company may also grant loans or other financing to its direct or indirect parent company and to all other group companies, and provide security of any kind for liabilities of such other companies or shareholders, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.