The company's purpose is to acquire, hold, manage and finance participations in Switzerland and abroad. In particular, it can advise, coordinate, manage and control companies belonging to its group. The company can establish branches, subsidiaries and representations in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell and manage real estate and securities in Switzerland and abroad, as well as to grant loans and take out credit. The company can grant loans or other financing to third parties, including its direct or indirect parent companies and their direct or indirect subsidiaries, and provide security of any kind for the liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. Furthermore, the company can conduct all business that is suitable to promote the purpose of the company or is directly or indirectly related to it.