The administration of financial, industrial, commercial, and movable assets, as well as participation in any form in all financial, industrial, and commercial enterprises, the execution of all kinds of financial affairs, in particular the granting of loans and guarantees, the acquisition and development of patents, licenses, and manufacturing processes, the conclusion of exclusive representation contracts, the acquisition, alienation, and administration of real estate, securities, and other assets, the manufacture, sale, or purchase of all electronic, mechanical, optical, and electrotechnical devices, either for its own account or for the account of third parties, in all places, in Switzerland and abroad. The company may create subsidiaries and branches in Switzerland and abroad as well as hold shares in all enterprises in Switzerland or abroad. The company may acquire, hold, and alienate real estate and intellectual property rights. The company may carry out all commercial, financial, or other operations that are directly or indirectly related to its corporate purpose. The company may provide direct or indirect financing, whether in the form of loans and/or in any other form of financing, including as part of cash pooling with or without compensation, to third parties or to companies in which it holds direct or indirect shares, as well as to its direct or indirect shareholders and to companies in which they hold direct or indirect shares. The company may also provide any kind of securities or guarantees to guarantee its obligations or the obligations of any of said persons, including in the form of pledges, assignments, or transfers as security, guarantees of all kinds, or indemnification commitments, with or without compensation. The company may provide these financings, securities, or guarantees even if this were exclusively in the interest of third parties or companies in which it holds direct or indirect shares, or in the interest of its direct or indirect shareholders or companies in which they hold direct or indirect shares.
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