The purpose of the company is to acquire, hold, manage and dispose of domestic and foreign participations of any kind. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold and dispose of real estate and intellectual property rights. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company may grant direct or indirect financing to third parties or companies in which it has a direct or indirect interest, as well as to direct or indirect shareholders or companies in which such parties have a direct or indirect interest, whether by way of loans and/or other financing, including within the framework of cash pooling agreements, whether against payment or not. The company may provide security of any kind for its own liabilities or the liabilities of the aforementioned persons, including by way of pledges, assignments, fiduciary transfers, guarantees of any kind or by way of offset obligations, whether against payment or not, even if such financing, security or guarantees are in the exclusive interest of third parties or companies in which it has a direct or indirect interest, or of direct or indirect shareholders or companies in which such parties have a direct or indirect interest.