The Company's purpose is the acquisition, holding, administration, management and sale of participations in all companies in the sense of a holding company, excluding any operation prohibited by the LFAIE. The Company may also trade in works of art and other movable assets, such as watches and jewelry. The Company may, either on its own account or on behalf of third parties, carry out all financial, commercial, industrial, movable and immovable transactions in Switzerland and abroad, directly or indirectly related to its main purpose; create branches or subsidiaries in Switzerland and abroad; participate in all companies having a direct or indirect relationship with its purpose; grant loans or guarantees to subsidiaries, associates or third parties.