The company's purpose is: a) the maintenance of skis, other equipment and sports equipment; b) the purchase, sale of real estate, participation in real estate promotions, and the provision of all services and performances in the field of real estate and construction. It may carry out all operations related to this activity as well as all operations that are likely to promote the purpose and interest of the company. It may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts that are likely to develop or achieve its purpose or relate directly or indirectly to it. It may grant loans or guarantees to shareholders or third parties if it serves its interests.