The purchase and sale, development, administration, construction and management of all properties in Switzerland. The company may establish subsidiaries and branches and hold participations in all enterprises. The company may acquire, hold, encumber and dispose of properties and intellectual property rights. The company may carry out all commercial, financial or other operations that are directly or indirectly related to its corporate purpose. The company may grant loans and other direct or indirect financing to group companies and third parties, including its shareholders (direct and indirect) as well as companies of these groups, including within the framework of centralized cash management agreements, and provide collateral of all types for their obligations, including through pledges or fiduciary transfers of the company's assets or guarantees of all types, for consideration or not.
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