The company's purpose is to provide advice and services as well as trade and distribute products and systems of all kinds, in particular in the fields serving the protection and security of persons and property, as well as the design and implementation of protection and security systems for persons and property. Furthermore, the company provides services to group companies in the areas of sales and service administration, accounting, electronic data processing, logistics and human resources. The company may carry out all financial transactions, including cash pooling, hold participations in companies, contract loans, grant loans, and provide guarantees to its subsidiaries and other Honeywell group companies. The company may conduct its activities in Switzerland and abroad. It may carry out all financial and commercial transactions on its assets and properties that are directly related to the company's purpose, either on its own account or on behalf of third parties.