The company's purpose is to provide financial and investment services in Switzerland and abroad, in its own name and on behalf of third parties. The company is authorized to conduct all business and take all measures that are suitable for achieving the company's purpose. Furthermore, the company may conduct all business that is beneficial to its parent company and its direct and indirect subsidiaries. The company may provide financing services to group companies, in particular by granting loans to shareholders or group companies or by providing security of all kinds to third parties for obligations of other group companies, even if such loans or security are in the sole interest of direct or indirect shareholders or other group companies and are provided without consideration. The company is also authorized to establish or acquire companies or branches in Switzerland and abroad and to participate in such companies, also as a personally liable partner. The company may acquire, hold, encumber and sell real estate.