The company's purpose is to purchase and distribute products of all kinds and to provide services in the field of trade in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, encumber, utilize and sell real estate and intellectual property rights in Switzerland and abroad, as well as finance other companies. The company may grant direct or indirect financing to its direct or indirect subsidiaries and to third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide collateral of all kinds for its own liabilities and those of other companies (including direct or indirect shareholders of the company or companies in which these shareholders are directly or indirectly involved), including by way of pledges, fiduciary transfers or assignments of the company's assets, or guarantees, sureties or other forms of security. Furthermore, the company may engage in cash pooling with the aforementioned companies or join such an arrangement, including periodic account balancing. The company may perform all of these activities without consideration, on preferential terms, without interest, without pursuing the company's profitability, and assuming cluster risks. The company may engage in all commercial, financial and other activities that appear to promote the company's purpose or are related to it.
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