All operations directly or indirectly related to the acquisition of participations in any form in any company, as well as the administration, management, control and development of these participations. The company may, in particular, use its funds for the creation, management, development and liquidation of a portfolio consisting of all securities and patents of any origin, participate in the creation, development and control of any company, acquire by way of contribution, subscription, firm commitment or option to purchase and in any other manner, all securities and patents, realize them by way of sale, assignment, exchange or otherwise, have these businesses and patents developed, grant to the companies in which it has an interest all assistance, loans, advances or guarantees. It may conduct its activities both in Switzerland and abroad, on its own account or on behalf of third parties. It may acquire, manufacture, lease or sublease, operate and sell all real estate, patents, establishments, machines and equipment that it deems necessary or useful for the realization of its corporate purpose and engage in all related activities that may promote the corporate purpose. It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose or take an interest, by way of contribution, merger, subscription, financial intervention or by any other means, in all companies, associations or enterprises that have, in whole or in part, a similar or related purpose or that may directly or indirectly promote the extension and development of its purpose. The company may be a debtor of loans or grant financing to any company or individual in the form of loans or any other form, including by way of mortgage, or act as guarantor in their favor.