In Switzerland and abroad, the acquisition of interests in companies of any kind, including financial, real estate or other companies, with the proviso that interests in real estate companies in Switzerland will be limited to real estate companies whose properties are exclusively for commercial use, as well as the purchase, sale and promotion of all commercial real estate, as well as all general business activities, project management and real estate development management. The company may also carry out, either on its own account or on behalf of third parties, all commercial, financial, movable and immovable transactions, as well as establish branches and subsidiaries in Switzerland and abroad. The company may grant loans and other direct or indirect financing to its direct or indirect subsidiaries and to third parties, including its direct or indirect shareholders, as well as to the direct or indirect subsidiaries of its shareholders, including without restriction in the context of liquidity management activities within the group (including 'zero balancing'), and provide security of any kind to these parties, including by way of pledges or transfers of the company's assets on a fiduciary basis or through guarantees of any kind, and this also gratuitously, on preferential terms, without interest, excluding the pursuit of profit by the company and/or taking concentrated risks.
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