to hold, manage and administer its participation in Avere Commodities SA. The company may acquire, hold and dispose of interests or participations in any company, business, activity or association without distinction, whether by intervention or otherwise, both in Switzerland and abroad (in the case of companies, businesses, activities or associations holding real estate in Switzerland, these must have an exclusively commercial use). It may manage, improve and dispose of these interests or participations and participate in the management, direction, control or liquidation of all companies, businesses, activities or associations in which the company has an interest or participation. The company may establish branches and subsidiaries in Switzerland or abroad. It may acquire, operate, use and exercise all intellectual property rights, trademarks, models and/or designs, in any manner whatsoever. The company may provide financial assistance, including loans, advances, guarantees or securities of all kinds, to its subsidiaries, sister companies, parent company or any other affiliated company for consideration or free of charge. It may also grant loans, advances, guarantees or securities of all kinds to third parties. The company may also carry out all operations that are directly or indirectly related to its purpose or that promote or facilitate its development.
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