The company's purpose is the acquisition and management of participations in companies in Switzerland and abroad, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), as well as the centralized management of the treasury activities of all group companies. The company may open branches and subsidiaries in Switzerland and abroad, as well as acquire participations in other companies in Switzerland and abroad. The company may also engage in all commercial, financial or other activities that may serve or promote its development and purpose. The company may acquire, hold and dispose of real estate, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may participate in intragroup financing, in particular by granting loans to its direct or indirect associates or to other group companies, as well as by providing them with guarantees or securities of any kind, even if such loans, guarantees or securities are granted without consideration, in the exclusive interest of the company's direct or indirect associates or other group companies.
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