The company's purpose is the acquisition, management and disposal of participations in other companies as well as the management of other assets of any kind. It may also engage in the acquisition and sale of any movable property for its own account or on behalf of third parties. The company conducts its business in accordance with the objectives of the group to the extent possible. Therefore, the company may, in the interest of the group companies or one of them (including group companies that hold it, directly or indirectly, as well as their direct or indirect subsidiaries), conclude contracts and, in particular, grant loans or other forms of financing to these group companies and provide all kinds of securities for their obligations, including through pledges, transfers or assignments for security purposes of the company's assets or through guarantees of any kind, whether onerous or not. The company may establish branches and subsidiaries in Switzerland and abroad and acquire, hold, sell or finance companies of any kind. The company may acquire, hold and sell real estate. It may engage in all commercial activities directly or indirectly related to the company's purpose. It may take all measures that are likely to promote the company's purpose or are related to it. All these operations take place mainly in Switzerland.