The purpose of the company is to participate in other companies of all kinds in Switzerland and abroad. The company can acquire, hold, manage and sell participations. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies or merge with them. The company can conduct business with or for the benefit of related parties, in particular its shareholders and other group companies, even without adequate consideration, notably grant loans to these persons or provide guarantees, sureties, pledges or other securities to secure their liabilities. The company can acquire, hold, manage, encumber and sell real estate in Switzerland and abroad. The company can conduct all business, enter into obligations and conclude contracts that are suitable to promote the company's purpose and the development of the company, or that are directly or indirectly related to it.