The Company's purpose is the acquisition, possession, administration and sale of participations in Swiss or foreign companies. The Company may also perform any act and conclude any contracts that serve directly or indirectly its purpose or are in direct relation with its purpose. The Company may (directly or indirectly) grant loans or provide any other form of financing to its direct or indirect parent companies and direct or indirect subsidiaries or to those of these parent companies. The Company may provide guarantees, securities and other commitments of any kind with regard to the obligations of these companies, including through fiduciary transfers or assignments of assets of the Company or pledges on these assets. The Company may also establish and participate in cash pooling mechanisms and arrangements of any form. Any transaction referred to in this paragraph may be carried out independently of any risk concentration and with or without compensation. The Company may establish branches and subsidiaries in Switzerland and abroad and acquire, manage, hold and sell real estate.