Operating a horse business, in particular buying, keeping, renting and selling horses in Switzerland and abroad, as well as providing services of all kinds in the equestrian sports sector. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third-party account, and provide guarantees and sureties for subsidiaries and third parties.