The company's purpose is the acquisition, administration and management of participations in all companies or commercial, financial, industrial or other enterprises, both in Switzerland and abroad, as well as their financing. It will also have the purpose of acquiring, holding, managing or disposing of real estate, both in Switzerland and abroad. The company may engage in any financial, commercial, industrial, movable or immovable activity, directly or indirectly related to its purpose or likely to promote its realization, conclude contracts that are likely to develop its activities or relate directly or indirectly to them, receive products in the form of interest, commissions and dividends, create branches or subsidiaries in Switzerland and abroad, take participations, acquire or create identical or similar companies, participate in all companies having a direct or indirect relationship with its purpose. It may carry out these operations both on its own account and on behalf of third parties. It may grant loans and provide guarantees in favor of any person, in particular its shareholders and directors.