The acquisition, sale, holding, administration of direct and indirect participations in companies and enterprises (in the case of companies holding real estate located in Switzerland, these must have an exclusively commercial use). It may perform any act and exercise any activity that is directly or indirectly related to its purpose. It may, in addition, carry out all financial, commercial, movable or immovable transactions that are directly or indirectly related to its corporate purpose, excluding all transactions involving the direct or indirect holding of real estate located in Switzerland and having a use other than exclusively commercial. It may establish and administer all companies, branches, trusts and other legal structures in Switzerland and abroad and take an interest in, acquire, hold, administer and transfer participations in all enterprises in Switzerland and abroad (in the case of companies holding real estate located in Switzerland, these must have an exclusively commercial use). The company may grant loans or any other form of financing to affiliated companies or to persons with whom it has economic ties, as well as provide any type of security, for the direct or indirect benefit of affiliated companies (or third parties) or persons with whom it has economic ties, in particular in the form of guarantees, pledges or fiduciary transfers of the company's assets.