The company's purpose is to hold and manage participations of all kinds in Switzerland and abroad. The company can establish, acquire and merge with other companies of any kind in Switzerland and abroad. It can acquire, encumber and sell real estate and intellectual property rights in Switzerland and abroad, as well as establish branches and agencies in Switzerland or abroad by decision of the Board of Directors. Furthermore, the company can acquire, manage and sell securities, take out and grant loans, and provide guarantees and other securities.