The acquisition in any form, holding, administration and sale of participations in other companies and businesses in Switzerland and abroad. The Company may borrow and grant loans, including - without limitation - proceeds from loans and/or debt securities, to its branches, subsidiaries and/or other companies, as well as within the framework of cash pooling agreements. The Company may also provide guarantees or collateral, transfer, encumber or create and grant in any other way guarantees on all its assets or part thereof, in order to secure its obligations and commitments and/or the obligations and commitments of other companies and, in general, for its benefit and/or for that of other companies or persons. The company may open and maintain branches and subsidiaries in Switzerland and abroad, represent third parties, carry out activities and conclude agreements aimed at promoting the purpose of the Company. The Company may grant direct or indirect financing to companies controlled directly or indirectly, as well as to third parties, including its direct or indirect shareholders and companies controlled directly or indirectly by the latter, and provide guarantees or collateral of any kind for obligations of the aforementioned companies towards other group companies or third parties, also through the pledge of company assets or through guarantees of any kind, even if these guarantees or collateral are granted with or without remuneration. The Company may carry out any commercial, financial or industrial operation aimed at promoting, directly or indirectly, the corporate purpose or connected thereto. The Company may acquire funds or rights to funds in Switzerland or abroad.