The company's purpose is to establish, acquire, manage and dispose of participations of any kind; to invest and manage capital; to build, acquire, manage and dispose of real estate; to establish branches, both nationally and internationally; it is also authorized, without corresponding consideration, to take financing, restructuring and intercession measures in favor of group companies and to grant loans to group companies if this is beneficial to the interest of one or more group companies. It can establish branches and agencies in Switzerland or abroad by decision of the Board of Directors. It can acquire, hold and dispose of properties, participations and intangible assets in Switzerland and abroad, as well as conduct any other business that is suitable to promote or facilitate the development of the company. It can provide financing for itself and third parties, as well as provide guarantees and other securities.