The company's purpose is to acquire, develop, manufacture, own, sell and market household, electronic and other devices and products. The company may also provide maintenance and other services directly or indirectly related to these activities. The company may participate in other companies, acquire, exploit, manage and dispose of commercial properties and intellectual property rights, establish subsidiaries and branches in Switzerland and abroad, and perform all legal acts that may be necessary or useful for the achievement of its purpose or the development of the company or its group companies. The company may grant direct or indirect financing to third parties, including companies in which it has a direct or indirect interest, its direct or indirect shareholders, and companies in which such parties have a direct or indirect interest, whether through loans or other financing, including within the framework of cash pooling agreements, and provide security of any kind for their obligations, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.