The company's purpose is to manage its own assets and participate in other companies in Switzerland and abroad. It may carry out all commercial, financial, industrial or real estate transactions. The company may also establish branches and subsidiaries in Switzerland or abroad. The company may manage assets on its own account or on behalf of third parties and acquire, hold and sell real estate. The company may engage in commercial activities directly or indirectly related to its purpose and take all measures that appear appropriate to promote its purpose or that are related to it. The company may provide guarantees of any kind for the obligations of its direct or indirect subsidiaries, including the granting of security rights or fiduciary transfers of the company's assets or the provision of guarantees of any kind.