The company's purpose is to acquire, hold, manage and dispose of participations in other companies in Switzerland and abroad. Within the framework of the group's guidelines, it can carry out all legal transactions that serve the company's purpose, in particular: acquire and dispose of real estate and intellectual property rights, establish and dispose of companies, participate in companies, raise and invest funds on the money and capital markets. The company can, within the framework of the group's guidelines, grant loans, credits or other financings of any kind to its direct or indirect parent companies, their direct or indirect subsidiaries or other group companies, and provide collateral of any kind for its own liabilities and those of such other companies, including guarantees, pledges, global assignments, security transfers, security assignments and indemnification declarations, even if such loans or collateral are provided free of charge. Furthermore, the company can operate a liquidity adjustment/concentration of net liquidity (cash pooling) with the aforementioned companies or join such a system, including periodic account balancing. All of this can be done by the company without consideration, on preferential terms, without interest, excluding the company's profit motive and assuming lump-sum risks. The company is authorized to act in the interest of the group or individual group companies within the legal framework. It can provide services on behalf of third parties within the framework of the usual use of its infrastructure.
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