The Company's purpose is the acquisition and management of participations in Swiss or foreign companies. To this end, the Company may acquire, manage and transfer patents, trademarks, or any technical or industrial know-how. The Company may acquire, manage and sell real estate in Switzerland and abroad and may acquire participations in other companies in Switzerland and abroad, establish branches in Switzerland and abroad and establish subsidiaries, excluding operations prohibited by the LFAIE (Federal Law on the Acquisition of Real Estate by Foreigners). The Company may participate in group financing, in particular by granting loans to its direct or indirect shareholders or to other group companies or by granting guarantees or other securities of any kind for their obligations to third parties, even if such loans or securities are in the exclusive interest of the said direct or indirect shareholders or other group companies and are granted gratuitously. The Company may engage in all activities that may promote the purpose of the Company and are directly or indirectly related to it.