The company's purpose is to develop, procure, manufacture and distribute shoes, sports articles, sports clothing and other articles for sports and leisure activities in Switzerland and abroad. The company can acquire, manage, transfer, sell and license patents, licenses, trademarks and technical and industrial knowledge. The company can acquire, hold, manage and sell participations in companies of all kinds in Switzerland and abroad. The company can also conclude all transactions and enter into agreements that directly or indirectly serve the company's purpose or are directly related to it. The company is part of the On Group and can act in the interest of the On Group or in the interest of individual companies of the On Group. The company can grant loans or other financing to its direct or indirect parent companies and their direct or indirect subsidiaries (directly or indirectly). The company can provide guarantees, securities and other obligations of any kind for liabilities of such companies, including through fiduciary assignments or transfers of and pledges on assets of the company. The company can also operate or participate in cash pooling (of any kind). Each transaction mentioned in this paragraph can be carried out independently of any potential cluster risks and with or without consideration. The company can establish branches and subsidiaries in Switzerland and abroad and acquire, hold, manage and sell real estate.