The purpose of the company is the management of family assets and assets, in particular the acquisition, holding, financing and management of assets and investments of any kind in Switzerland and abroad, including participations, private equity investments, rights in intellectual property, real estate (in Switzerland with the exclusion of transactions falling under the Federal Act on the Acquisition of Real Estate by Persons Abroad) and all activities and services related thereto. The company may establish subsidiaries and branches in Switzerland and abroad, participate without restriction in other companies, assume representations, conduct any type of business and conclude contracts that are conducive to the business purposes of the company or that are in direct or indirect connection with the business purposes of the company and its performance. The company may enter into loan agreements on its own account and on behalf of third parties and grant guarantees and pledges for affiliated companies or for third parties. The company may acquire, use, lease, encumber and sell real estate in Switzerland and abroad (in Switzerland with the exclusion of transactions falling under the Federal Act on the Acquisition of Real Estate by Persons Abroad). The company may acquire, hold, manage and sell any type of debt securities or participation papers in Switzerland and abroad.