The purpose of the foundation is to provide for the employees of Telion AG and their dependents against the economic consequences of old age, disability and death. This purpose can be fulfilled in particular by providing the following services to a personnel pension fund of Telion AG or to a collective foundation to which Telion AG has joined for old-age, disability and death insurance; Voluntary additional benefits to the statutory pension benefits; Voluntary purchase benefits to supplement the statutory pension benefits; Financing of insurance costs; Statutory contributions on behalf of Telion AG. Furthermore, the foundation aims to support employees and their dependents in cases of need, such as illness, accident, disability or unemployment.