The purpose of the company is: the organization of international events; the purchase, sale and holding of all movable assets; the acquisition, holding, management and disposal of participations in all companies or enterprises, specifying that, with regard to participations in companies or enterprises not listed on a stock exchange or other regulated market holding real estate in Switzerland, these must have an exclusively commercial use. The company may also grant loans, guarantees or other securities to shareholders or affiliated companies, or benefit from such loans, guarantees or securities. In general, the company may also carry out, either on its own account or on behalf of third parties, all operations, services and advice directly or indirectly related to its corporate purpose and which promote or facilitate its development and take an interest in all forms in all similar enterprises.