The company's purpose is the acquisition and administration of participations of any form in Swiss or foreign companies. The company may establish branches, subsidiaries and representative offices in Switzerland and abroad. The company may also acquire participations in other companies in Switzerland and abroad. The company may acquire, hold and sell real estate and intellectual property rights. The company may also carry out all commercial, financial or other activities that are directly or indirectly related to the company's purpose. The company may provide direct or indirect financing, in the form of loans and/or other forms of financing, whether for consideration or free of charge, to third parties or to companies in which it holds direct or indirect participations, as well as to its direct or indirect shareholders and to companies in which they hold direct or indirect participations. The company may also provide guarantees of any kind for its own obligations or those of the aforementioned parties, including by way of pledges, assignments, trusts, guarantees of any nature or offset obligations, whether for consideration or free of charge. The company may provide such financing, securities or guarantees even if they are in the exclusive interest of third parties or companies in which the company holds direct or indirect participations, or of direct or indirect shareholders or companies in which such shareholders hold direct or indirect participations.