The purpose of the company is to hold, manage and develop intangible assets, as well as to carry out the related industrial, commercial and financial transactions, in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad. The company may acquire, manage, encumber and dispose of real estate and participations in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes. The company may grant direct or indirect loans or other financing to third parties, as well as provide securities of any kind, whether gratuitously or for consideration. Third parties include direct and indirect shareholders of the company, as well as companies in which direct or indirect shareholders of the company are involved. The company may also conclude cash pooling agreements with other group companies.