Acquisition, holding and disposal of participations in other companies in Switzerland and abroad; may establish subsidiaries and branches, participate in other companies, acquire, hold and dispose of real estate and intellectual property rights, grant direct or indirect financing to third parties or companies in which it has a direct or indirect interest, direct or indirect shareholders or companies in which such shareholders have a direct or indirect interest, whether by means of loans and/or other financing, for its own liabilities or liabilities of the aforementioned persons, create securities of any kind, including by way of pledges, assignments, fiduciary transfers, guarantees of any kind or by way of indemnification obligations, whether for consideration or not, even if such financing, securities or guarantees are in the exclusive interest of third parties or companies in which it has a direct or indirect interest, or of direct or indirect shareholders or companies in which such shareholders have a direct or indirect interest.