The purpose of the company is to acquire, manage and dispose of participations in domestic and foreign companies of all kinds worldwide. The company may establish branches and subsidiaries in Switzerland and abroad. The company may conduct business with or for the benefit of related parties, including their direct and indirect shareholders and other group companies, in particular, grant loans to these persons or issue guarantees, sureties, pledges or other securities to secure their liabilities, in each case whether against payment or not and even if these legal transactions are in the exclusive interest of the related parties. The company may acquire, hold, manage, encumber, utilize and dispose of real estate, financial instruments and intellectual property rights in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.