The company's purpose is to provide services and to develop, produce and trade in products. The company may establish branches and subsidiaries in Switzerland and/or abroad and may participate in other companies in Switzerland and/or abroad, acquire, hold, encumber and dispose of real property or intellectual property rights in Switzerland and/or abroad as well as conduct all commercial, financial or other transactions that are directly or indirectly related to the company's purpose. In addition, the company may grant loans or other financing to its direct or indirect shareholders and their direct or indirect subsidiaries as well as to third parties, with or without compensation, and provide security of any kind for the liabilities of such persons or affiliated companies, including guarantees, pledges and fiduciary transfers of the company's assets. Furthermore, it may conduct or participate in liquidity equalization/net liquidity centralization (cash pooling), including periodic balance adjustments (balancing), with affiliated companies, also without consideration, on preferential terms, interest-free, without the intention of making a profit for the company and assuming clumping risks.
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