The purpose of the company is to acquire, manage and dispose of participations in domestic and foreign companies of all kinds. The company may also conduct any business that is suitable to promote or facilitate its development and the achievement of its purpose. In particular, the company may grant or receive loans or other financing directly or indirectly to or from other group companies or third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide security of any kind for the liabilities of such other companies or third parties, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. The company may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, encumber, sell and manage real estate.