The acquisition, holding, management, and sale of shares in companies in Switzerland and abroad, investment and management of tangible and intangible assets (with regard to real estate companies based in Switzerland, only those holding properties exclusively for commercial purposes), as well as advisory, intermediation, and trading activities in the field of horology, jewelry, precious metals, valuable objects, and more generally in the field of patrimonial assets, excluding activities that are subject to authorization by the FINMA. The company may carry out all commercial, financial, or other operations directly or indirectly related to its purpose, including granting loans or guarantees to affiliated companies or third parties. It may establish branches in Switzerland and abroad, participate in any enterprises with an identical or analogous purpose, and acquire, hold, or dispose of properties solely in those holding properties exclusively for commercial purposes.