The company's purpose is to hold participations in other companies. The company may establish branches and subsidiaries in Switzerland and abroad and acquire, hold, sell or finance any type of company. The company may manage assets for its own account and for third parties and acquire, hold and sell real estate. The company may engage in all commercial activities that are directly or indirectly related to the company's purpose and take all measures that appear to be suitable for promoting the company's purpose or are related to it. The company may grant loans or other financing to its direct and indirect parent companies and shareholders as well as their or its direct or indirect group companies, and enter into security transactions of all kinds, in particular in the form of guarantees, pledges, global assignments, security transfers, security assignments and indemnification agreements for affiliated companies and third parties, even if these financing or security transactions are in their exclusive interest and are free of charge.