The purpose of the company is the production of and trade in cosmetic products including all related businesses, sale of cosmetic treatments, development and exploitation of manufacturing processes and industrial property rights, the acquisition and granting of licenses. The company may establish branches and subsidiaries at home and abroad and participate in other companies at home and abroad. The company may also conduct all transactions and conclude contracts that are suitable for promoting the company's purpose. It may, in particular, also acquire, manage, encumber and dispose of real estate. The company may also, in its own name or in the name of affiliated companies, conduct all financial, commercial and securities transactions that are directly or indirectly related to its purpose or may promote it. The company may also provide financing for its own or third-party account, and enter into guarantees and sureties for subsidiaries and third parties. The company may also grant loans or other financial services to its direct or indirect shareholders and their affiliated companies, including the conclusion of cash pooling agreements, and grant security rights of any kind in its assets.
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