The acquisition, administration and management of participations in Swiss or foreign companies, with the specification that the company may hold a participation in a real estate company in Switzerland if (i) the shares of the latter are listed on a stock exchange in Switzerland or if (ii) the real estate company has the purpose of acquiring buildings for 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, enterprises, activities or associations in which the company has an interest or participation. The company may establish branches and subsidiaries in Switzerland or abroad. The company may acquire, hold and dispose of real estate in Switzerland, exclusively those for commercial use. The company 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. The company may also grant loans, advances, guarantees or securities of all kinds to third parties. The company may furthermore carry out all operations that are directly or indirectly related to its corporate purpose or that promote or facilitate its development.
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