The company's purpose is to acquire, hold, manage, finance and dispose of participations of all kinds. The company is authorized to conduct all business that is directly or indirectly related to the company's purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct all business that is suitable to promote the achievement of the company's purpose.