The holding of shares in companies in Switzerland and abroad. The company may also engage in any other activity directly or indirectly related to these objectives; it may, in particular, create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with identical or similar objectives, or merge with such companies, carry out all operations, conclude all contracts suitable for developing and extending its objective or directly or indirectly related thereto, and grant loans to its shareholders or to third parties, and act as a guarantor or secure any commitment entered into by its shareholders or third parties; in compliance with the LFAlE, the company will not hold shares in companies owning residential real estate in Switzerland.