The company's purpose is to acquire direct or indirect interests in companies and businesses of all kinds in Switzerland and abroad, particularly in the financial sector. It may establish banks, securities firms, wealth management companies and any other financial institution. The company defines the strategy of the Pictet Group and ensures the development and coordination of its activities. The company may also provide any form of financing to affiliated companies and grant them any type of security, notably in the form of guarantees or pledges on the company's assets. The company may also acquire, hold, manage or sell real estate in Switzerland and abroad. Furthermore, the company may engage in any financial, real estate, industrial or commercial activities directly or indirectly related to its purpose.