The purpose of the company is the acquisition and sale as well as the management of intangible assets and the development of technologies and other related business activities. The company may participate in other companies, acquire, exploit, manage and dispose of real estate and intellectual property rights, establish subsidiaries and branches in Switzerland and abroad, and carry out all legal transactions that may be necessary or suitable to promote the development of the company or that of group companies. Furthermore, the company may participate directly or indirectly in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies, or by providing guarantees, sureties or other securities of any kind for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies and are granted free of charge.