to invest, acquire and manage (acquire, hold and dispose of) participations in Swiss or foreign companies, with the proviso that the company may only hold participations in real estate companies located in Switzerland if these companies have an exclusively commercial purpose. The company may carry out all commercial, financial, real estate (if the real estate held through participations or buildings are located in Switzerland, they may only have an exclusively commercial purpose), movable and conclude all contracts having a direct or indirect connection with its purpose and promoting its development. Furthermore, it may create branches and subsidiaries in Switzerland and abroad and acquire, hold, administer and dispose of real estate (in Switzerland, exclusively commercially used buildings) and intellectual property. The company may also grant loans or any other form of financing to affiliated companies, as well as provide any type of security, for the direct or indirect benefit of affiliated companies (or third parties), in particular in the form of guarantees, pledges or fiduciary transfers of the company's assets.
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