The company's purpose is to establish, acquire, hold, manage and dispose of participations in companies in Switzerland and abroad, as well as to carry out financings of any kind. The company may establish branches and subsidiaries in Switzerland or abroad and participate in other companies in Switzerland and abroad. The company may conduct all commercial, financial or other business activities that are directly or indirectly related to the company's purpose. Furthermore, the company may grant loans or other financings to its direct or indirect parent companies and their direct or indirect subsidiaries, either for consideration or free of charge, and provide securities of any kind for the liabilities of such group companies, including guarantees, pledges and fiduciary transfers of the company's assets. In addition, it may engage in liquidity balancing/net liquidity centralization (cash pooling) with group companies, including periodic balance adjustments (balancing), either without consideration, on preferential terms, interest-free, excluding the company's intention to make a profit, and assuming bulk risks.
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