The company's purpose is to engage in activities as a holding company for the acquisition and management of participations in domestic and foreign companies. It may also sell such participations or exchange them for other participations. The company may enter into all transactions and conclude contracts that are suitable for promoting the purpose of the company or that are directly or indirectly related to it, in particular the acceptance and granting of loans. Furthermore, it may buy, sell or encumber real estate and plots of land. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries to third parties.