The acquisition, administration and financing of participations, in whatever form, in Swiss or foreign companies (but for those having, if applicable, a real estate activity in Switzerland, exclusively companies limited to the acquisition of commercial properties); the company may conduct its activities worldwide, on its own account or in association with third parties; the company may carry out all financial, commercial and industrial operations, in Switzerland and abroad, directly or indirectly related to its purpose; however, the company will not acquire any real estate in Switzerland, except, if applicable, properties used exclusively for commercial purposes; the company may establish branches and subsidiaries in Switzerland and abroad and acquire participations in other companies in Switzerland or abroad (but for those having, if applicable, a real estate activity in Switzerland, exclusively companies limited to the acquisition of commercial properties); the company may also participate in the financing, in particular by providing loans, guarantees and securities of all kinds, to other entities of the group to which the company belongs, in the interest of said group.
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