The purpose of the company is the management of the company's assets. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, encumber and sell real estate, participate in other companies in Switzerland and abroad and hold such participations, assume representations, as well as enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company, or that are directly or indirectly related thereto. It may provide financing for its own account or for the account of third parties, as well as enter into guarantees and sureties for affiliated companies and third parties, and provide corresponding securities of all kinds, in particular in the form of guarantees of any kind and pledges or fiduciary transfers of the company's assets.