acquisition and management of real estate, purchase, sale and management of participations in companies in Switzerland and abroad, as well as the provision of services of all kinds in these areas; real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners are excluded. The company may pursue its purpose through all operations - especially through all contracts - without limitation: regarding their location - in Switzerland or abroad; regarding their object - whether it concerns material property (movable or immovable) or intellectual property or services; regarding their execution - whether by the company, by branches of the company, by participations in other companies or by subcontractors. The company may also conclude loan agreements with its shareholders, as debtor or creditor, or grant them guarantees, if this serves its interests.