The purpose of the company is to hold participations of all kinds in Switzerland and abroad. The company can establish branches and subsidiaries in Switzerland and abroad and participate in both listed and unlisted companies in Switzerland and abroad. The participations can be held directly or indirectly. The purpose also includes the purchase, exchange, subscription or any other form of acquisition of participations and patents, as well as the sale, exchange or any other form of transfer of participations and patents, and their management, supervision and liquidation. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. The company can take out loans (in Swiss francs or other currencies) to finance its participations. It can also provide financing for its own account or for the account of third parties, grant loans to its subsidiaries or provide guarantees and sureties for such loans, or take out loans from subsidiaries. It can issue or subscribe to securities (both equity and debt). It can provide support to its subsidiaries and other companies that are part of the same group in any way, or receive support from them. The company can provide consulting services to its subsidiaries and third parties in the areas of corporate strategy, corporate management, real estate and asset management. The company is authorized to conduct all business that is directly or indirectly related to its purpose and is not in conflict with the law.