The company's purpose is the trade, exploitation, representation and distribution of all registered trademarks, patents and licenses. It will not engage in any activity in Switzerland, except for that related to its administration. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, dispose of and lease real estate. The company may engage in all commercial, financial and other activities related to its purpose. The company may grant loans or guarantees to shareholders or third parties, in particular affiliated companies, if it serves its interests.