The assembly of watch dials, engraving, creation, manufacturing, trade in watch and jewelry articles and accessories, as well as any task related to the purpose directly and indirectly; the company may carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, real estate or movable transactions, directly or indirectly related to its social purpose, create branches or subsidiaries in Switzerland and abroad, participate in all companies having a direct or indirect relationship with its purpose and grant loans or guarantees to associates or third parties, if it favors its interests, excluding operations prohibited by the LFAIE.