The acquisition, administration and management of participations in all commercial, financial or industrial companies, excluding real estate participations. The company may establish branches and subsidiaries in Switzerland and abroad and hold participations in companies in Switzerland and abroad. For this purpose, the Company may provide administrative services and participate in industrial and commercial enterprises. The company may acquire, operate, use and exercise all intellectual property rights, trademarks, models and/or designs, in any manner 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 transactions (including the granting of privileges, assignments and transfers of ownership as security, guarantees, surety contracts, letters of intent, indemnification obligations and economic benefits associated with these transactions), for remuneration or free of charge, with, in favor of and/or in connection with the commitments of direct or indirect shareholders, subsidiaries and other affiliated companies, even if these financing, credit or coverage transactions are in the exclusive interest of direct or indirect shareholders and/or affiliated companies. The company may also carry out all operations that are directly or indirectly related to its purpose or that promote or facilitate its development.