The purpose and object of the company are: the acquisition, permanent management and holding of participations in other companies. The company has the right to grant loans to direct and indirect shareholders as well as to other companies of the shareholders and its own subsidiaries, to conclude cash pooling agreements (central financial management) with them and to provide securities of all kinds for their liabilities towards third parties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or that are directly or indirectly related to it.