The company's purpose is to hold and manage participations and other securities and financial products. 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 directly or indirectly related to its purpose. The company may also acquire, hold, manage, encumber, utilize and sell intellectual property rights. The company may, in particular, provide financing and grant security of any kind in favor of affiliated or other companies, or otherwise secure or guarantee the obligations of such companies. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad, excluding all activities prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG).