The company's purpose is to acquire, dispose of, as well as hold and permanently manage participations and investments of all kinds in other companies, both domestically and abroad, as well as to invest capital in the sense of a holding company. The company may establish branches and subsidiaries in Switzerland and abroad and assume representations. The company may acquire, maintain, manage, utilize, and sell real estate and intangible assets both domestically and abroad. The company may grant financing to third parties, including direct or indirect shareholders of the company or companies in which such third parties are involved, directly or indirectly in the form of loans or other financing or by providing paid or unpaid securities of all kinds. The company may also enter into cash pooling agreements with other group companies. The company may engage in all commercial, financial, and other activities that appear useful or related to achieving the company's purpose, including all types of trade as well as the manufacture, development, and distribution of products of all kinds and all types of operational activities. The company also has the purpose of carrying out the following activities: organizing trips and cruises, both for groups and individual customers, in Switzerland and abroad; promoting resorts, tourist destinations, etc.; operating agencies in Switzerland and abroad for the sale of train and ship tickets; renting vehicles with and without drivers; any other activity related to tourism, travel, and transport in general; the conception, planning, construction, development, and management of products and/or services for the tourism sector via a special internet portal; the conception, planning, construction, development, and management of intellectual works - including software - that can be used by companies in the commercial, administrative, marketing, and advertising fields, such as - exemplarily and non-exhaustively - websites/internet, catalogs, presentations, databases, advertising spaces, the study, consulting, and management of public relations, advertising, and advertising combinations, the analysis, and everything related to the tourism sector; the study, realization, and application of multimedia products and products for the tourism sector as well as the training of personnel in the use of these products; the assumption of representations of Swiss and foreign companies for the purchase, sale, and trade, in retail and wholesale, of computer products, computers, computer accessories, and everything related thereto, including software and its implications. In relation to this purpose and therefore with a purely functional character and therefore absolutely not predominantly, without addressing the public and in compliance with the prohibitions and principles in force; the company may also carry out all financial operations that are useful or related to the company's purpose. For this purpose, the company may: found or acquire participations in other companies and participate in other companies; carry out all operations, without exception, of a movable, immovable, commercial, industrial, economic, and financial nature that the management body deems useful or appropriate to achieve the company's purpose, provided that this is not done towards the public, including, but not limited to, the issuance of guarantees or other securities, even real ones, in favor of or on behalf of third parties.
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