The purpose of the company is the direct or indirect acquisition, management and disposal of participations in domestic and foreign companies. The company may provide financing transactions for group companies, in particular by granting loans to shareholders or group companies or by providing securities of all kinds to third parties for obligations of other group companies, even if such loans or securities are in the sole interest of direct or indirect shareholders or other group companies and are granted without consideration. The company may establish branches and subsidiaries in Switzerland and abroad and participate in companies in Switzerland and abroad. Furthermore, the company may conduct all commercial, financial or other transactions that are suitable to promote the purpose of the company. The company may acquire, hold, encumber and dispose of real estate only for commercial purposes.