The company's purpose is to trade in furniture and furnishings of all kinds, as well as to provide consulting and management services in the furniture industry. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as guarantees and sureties for subsidiaries and third parties. The company may engage in all commercial, financial and other activities that appear to be suitable for promoting the company's purpose or are connected therewith. The company may grant direct or indirect financing to third parties, including companies in which it is directly or indirectly invested, as well as direct or indirect shareholders or companies in which such shareholders are directly or indirectly invested, whether through loans or other financing, and provide security for their liabilities of any kind, including by way of pledges on or fiduciary transfers of the company's assets, or by guarantees of any kind, whether against payment or not, even if such financing or security is in the exclusive interest of companies in which it is directly or indirectly invested or of direct or indirect shareholders or companies in which such shareholders are directly or indirectly invested. The company may conclude cash pooling agreements with other group companies.
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