The purpose of the company is to acquire, hold, manage and dispose of participations in group companies, group investment companies and intellectual property rights. The company may establish branches and subsidiaries in Switzerland and abroad, as well as participate in companies in Switzerland and abroad. Furthermore, the company may conduct all commercial, financial or other business that is suitable to promote the purpose of the company. The company may acquire, hold, encumber and dispose of real estate. The company may provide financing transactions for group companies, in particular by granting loans to shareholders or group companies or by providing securities of all kinds to third parties for obligations of other group companies, even if such loans or securities are in the sole interest of direct or indirect shareholders or other group companies.