The company's purpose is to acquire, administer and manage participations in all companies or commercial, financial, industrial and real estate enterprises. It may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or real estate transactions directly or indirectly related to its corporate purpose and take an interest, in any form, in all enterprises having a direct or indirect connection with its purpose. The company may also participate in the financing of group companies and, in particular, grant loans, either for consideration or free of charge, to its direct or indirect associates or to other group companies and provide guarantees of any kind for the obligations of third parties, even if these loans or guarantees are granted exclusively in the interest of the direct or indirect associates or other group companies and without consideration. The company may also establish branches and subsidiaries in Switzerland and abroad.