The company's purpose is to trade in goods, in particular those produced or distributed by the Pandora group, namely: precious stones, synthetic stones, glass jewelry stones, watches, optical products, etc., especially in Switzerland. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, acquire and sell real estate. The company may carry out all commercial, financial and other activities that appear suitable to promote the purpose of the company or are connected with it. It may, whether for consideration or not, carry out transactions in the interest of shareholders of the company or other group companies, in particular grant them loans, conclude cash pooling agreements with them and provide securities for their liabilities to third parties.