The purpose of the company is to manage assets of any kind and to hold participations in other companies on its own account as well as on behalf and in the interest of third parties, but in its own name. The company may, by decision of the board of directors, establish branches and subsidiaries in Switzerland and abroad, found, operate, acquire or participate in similar or related businesses. It may acquire, manage or dispose of securities, patents, licenses and other intellectual property rights. Furthermore, the company may conduct all business that is suitable to promote the company, including buying and selling as well as managing real estate within the framework of the legal provisions.