The purpose of the company is to acquire, manage and dispose of participations in domestic and foreign companies of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may also acquire, hold and dispose of real estate in Switzerland and abroad. Furthermore, it may carry out all commercial, financial and other activities that are connected with the purpose of the company or are suitable to promote it directly or indirectly. The company may grant loans or other financing to its direct and indirect parent companies and shareholders as well as their direct or indirect subsidiaries, and enter into security transactions of all kinds, in particular in the form of guarantees, pledges, global assignments, security transfers, security assignments and indemnification agreements for affiliated companies and third parties, even if these financing or security transactions are in their exclusive interest and are free of charge. In addition, the company may conclude cash pooling agreements with other group companies.
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