The acquisition, holding, management and sale, on its own account and not in a fiduciary capacity, of participations in companies with their registered office in Switzerland and abroad. The company may also acquire, sell, manage, receive and grant the use of technologies, technical know-how, industrial patents, trademarks, licenses and intellectual property rights in general, particularly in the aforementioned sectors. The company may also acquire, encumber, manage, administer and sell real estate in Switzerland and abroad, as well as participate in real estate companies and enterprises with their registered office and/or activities in Switzerland and abroad, in compliance with the applicable regulations. Any activity carried out in the real estate sector is not directed towards third parties but is limited to real estate for its own account. The company may also carry out activities related to the granting of loans, guarantees, including mortgages, sureties and guarantees, also in favor of third parties, excluding, however, the exercise of banking and insurance activities. Finally, the company may carry out all commercial, industrial and financial operations deemed necessary or useful and functionally connected with the company's purpose or aimed at achieving it, and open branches and subsidiaries in Switzerland and abroad.