The purpose of the company is the acquisition, management and disposal of participations. The company can participate in other companies, acquire, utilize, manage and dispose of real estate, establish subsidiaries and branches in Switzerland and abroad, and carry out all legal transactions that may be connected with the purpose of the company, in particular also grant guarantees in favor of affiliated companies. Furthermore, the company can participate directly or indirectly in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies or by providing guarantees, sureties or other securities of any kind for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies and are granted free of charge.