To hold and manage investments in domestic and foreign companies of any kind. The Company may engage in all transactions that are directly or indirectly connected to its purpose. The Company may establish branches and subsidiaries in Switzerland and abroad and acquire participations in other companies in Switzerland and abroad. In particular, it may acquire, exploit, sell and manage real estate and intellectual property rights in Switzerland and abroad; grant loans and other direct or indirect financing, directly or indirectly to companies affiliated with it as well as to third parties, including its direct or indirect shareholders, for consideration or free of charge, and provide guarantees of any kind for their liabilities, also by way of pledges or fiduciary transfers of the Company's assets or guarantees of any kind. The company may participate in commercial, financial and industrial transactions that are directly or indirectly related to the company's purpose. The business activity includes the organization of services of all kinds, consulting, management and marketing.