The Company's purpose is the acquisition, administration and management of participations in all commercial, financial or industrial companies, it being specified that it may hold participations in real estate companies with exclusively commercial use in Switzerland. The Company may carry out for its own account or for the account of third parties, all commercial, financial, industrial, movable and immovable (in Switzerland only those with exclusively commercial use) operations, in direct or indirect relation with its main purpose and take participations in other companies having a similar or related purpose. The company may establish branches and subsidiaries in Switzerland and abroad. The company may acquire, hold, manage and sell real estate in Switzerland and abroad, in Switzerland only those with exclusively commercial use. The company may acquire, operate, use and exercise all intellectual property rights, trademarks, models and/or designs, in any way whatsoever. The company may provide management services to all companies affiliated with it. The Company may conclude and/or take advantage of financing of any kind for its own account or for the account of third parties and, in particular, credit or securities operations (including the granting of privileges, assignments and transfers of ownership as security, guarantees, surety contracts, securities, letters of intent, indemnification obligations and economic benefits associated with these operations), for remuneration or free of charge, with, in favor of and/or in relation to the commitments of direct or indirect shareholders, subsidiaries and other affiliated companies, even if these financing, credit or coverage operations are in the exclusive interest of direct or indirect shareholders and/or affiliated companies. The company may also carry out all operations that relate directly or indirectly to its corporate purpose or that promote or facilitate its development.