The company's purpose is to develop, manufacture and distribute implants and medical products; the company may participate in other companies and establish branches and subsidiaries, both in Switzerland and abroad, and in general, carry out any commercial, financial or other activity directly or indirectly related to its purpose; it may acquire, encumber, hold, administer and alienate real estate in Switzerland or abroad; it may carry out financial transactions for its own account or for third parties, as well as provide guarantees and securities to its subsidiaries or third parties; the company is authorized to take reorganization and intercession measures in favor of shareholders, group companies or third parties; the company may, in particular, grant loans and other direct or indirect financing to its direct or indirect subsidiaries as well as to third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, including by participating in cash pooling operations, and provide securities of any kind for their commitments, including by way of pledge, transfer by way of security and guarantee, even if such financing or securities are granted without the company receiving remuneration or consideration.