To act as a holding company, namely the purchase, sale, administration, holding and management of participations in all companies and/or businesses both in Switzerland and abroad, in the financial, commercial, industrial and real estate sectors with an exclusively commercial allocation in Switzerland, including providing any service, advice and management in these various fields as well as in the field of intellectual property. The company may also carry out in Switzerland or abroad, either on its own account or on behalf of third parties, any financial, commercial, industrial, movable or real estate transaction directly or indirectly related to its main purpose or likely to contribute to its realization and may be interested, in any form, in all similar or related businesses, excluding any real estate transaction in Switzerland that does not have an exclusively commercial allocation. The company may grant loans or guarantees to its associates or third parties if it serves its interests. It may create subsidiaries or branches in Switzerland or abroad.