trade and supply of all raw materials, in particular crude oil, petroleum products, natural gas, electricity and coal, as well as the storage, transportation and distribution of such products or raw materials, as well as all transactions involving financial instruments or contracts related to such products or raw materials, all transactions related to energy, commodity and capital markets derivatives, all related activities and services. The Company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies of any kind, take over representations and exercise any activity and conclude agreements of any kind that are likely to promote the purpose of the Company or are directly or indirectly related to it. The Company may acquire, hold, encumber and sell national and foreign real estate, except for transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The Company is part of a group and may, as such, take into account the interests of the group in pursuing its purpose. The Company may grant loans and other direct or indirect financing to its direct or indirect subsidiaries and to third parties, including its direct or indirect shareholders and the direct or indirect subsidiaries of such shareholders, including without restriction, in the context of liquidity management activities within the group (including zero balancing), and provide security of any kind to these parties, including by way of pledges or transfers of the Company's assets on a fiduciary basis or through guarantees of any kind, and also gratuitously, on preferential terms, without interest, excluding the pursuit of profit by the Company and/or taking concentrated risks.