The company's purpose is to consolidate the existing and future foreign interests of Kaefer Isoliertechnik GmbH & Co. KG, Bremen, Federal Republic of Germany, in particular through the acquisition or establishment, supervision and financing of domestic and foreign subsidiaries and affiliated companies, as well as through the management and coordination of their business activities, particularly in the field of insulation technology. In pursuing its corporate purpose, the company may take into account the interests of its direct and indirect shareholders. The company may grant loans, other direct or indirect financing and other financial benefits to third parties, including companies in which it is directly or indirectly involved, as well as direct or indirect shareholders or companies in which such parties are directly or indirectly involved, including within the framework of cash pooling agreements, and may provide security of any kind for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or by way of guarantees of any kind, whether for consideration or not, even if such financing, security or guarantees are in the exclusive interest of companies in which it is directly or indirectly involved or of direct or indirect shareholders or companies in which such parties are directly or indirectly involved. Furthermore, the company may conduct all business that is suitable to promote or facilitate the development of the company; it may also carry out financing and acquire real estate in Switzerland or abroad.