The company's purpose is to buy, sell and rent vehicles and vehicle accessories. The company can establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company can acquire, encumber, sell and manage real estate and intellectual property rights. The company can also carry out all commercial, financial and other activities that are directly or indirectly related to the company's purpose. The company can conduct investment and lending transactions of any kind, provide guarantees, and grant direct or indirect financing to group companies or third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide security for liabilities of such other companies, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. Furthermore, it can operate a liquidity adjustment/concentration of net liquidity (cash pooling) with the aforementioned companies or join such a system, including periodic account settlement (zero balancing), also under preferential conditions without interest, excluding the company's profit motive and assuming cluster risks.
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