The company's purpose is: Holding company; holding, acquiring, managing and exploiting, developing and realizing participations of any form in financial, industrial, commercial and real estate companies, as well as holding intangible assets and rights. It may carry out any financial or commercial operation related to its purpose or likely to promote it. It may open branches in Switzerland and abroad, carry out all activities directly or indirectly related to its purpose, take participations, found or finance companies having a direct or indirect relationship with its purpose, excluding any operation subject to the LFAIE. The company may grant loans or other financing to its direct or indirect shareholders, as well as to its direct or indirect subsidiaries, with or without remuneration, and provide, to cover the commitments of such other companies, securities of all kinds, including by way of pledge or fiduciary transfer of ownership of the company's assets or by way of guarantees of all kinds.