The management, financing, acquisition, holding and sale of financial, commercial, real estate or industrial participations in Switzerland and abroad. With regard to participations in real estate companies in Switzerland and real estate acquisitions in Switzerland, these will have an exclusively commercial purpose. The company may: exercise any financial, commercial or industrial activity, movable or immovable (only for buildings with exclusively commercial use), in Switzerland and abroad, directly or indirectly related to its purpose; create branches or subsidiaries in Switzerland and abroad; participate in all enterprises having a direct or indirect connection with its purpose; grant loans or guarantees to shareholders or third parties, if this promotes its interests or those of the group of companies to which it belongs.