The company, as a holding company, aims to acquire and sell, hold and manage participations of all kinds in domestic and foreign companies. The company may establish branches and subsidiaries in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose. In particular, it may also pledge shares and participations, provide securities, arrange financing and conduct all related business.