The purpose of the company is the production and distribution of jewelry, watches, leather goods, perfumes, cosmetics, and tableware under the name René Kern. The company may establish subsidiaries and branches and may participate in other companies. The company may acquire, hold, encumber, and dispose of real property and intellectual property rights. The company may also engage in all commercial, financial, and other activities that are directly or indirectly related to the purpose of the company. The company may grant loans and other direct or indirect financings to affiliated companies and third parties, including their (direct and indirect) shareholders and their affiliated companies, and may provide securities of any kind for their obligations, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether or not for consideration.