The purpose of the company is the acquisition, holding, financing and sale of participations in other companies of any kind in Switzerland or abroad. The company may establish branches and subsidiaries in Switzerland and abroad, take over representations and carry out any business activities and conclude contracts of any kind that may be beneficial to the company's purpose or are directly or indirectly related to the company's purpose. It may acquire, hold, encumber and sell real estate in Switzerland and abroad. In particular, the company may grant loans and other direct or indirect financings to its direct and indirect subsidiaries as well as to third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, including within the framework of cash pooling agreements, and provide securities of any kind for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.