The purpose of the company is the acquisition, sale, holding and management of participations and securities in and from other companies in Switzerland and abroad, as well as the provision of management services to group companies. The company may establish branches and subsidiaries in Switzerland and abroad and participate in, acquire, establish or merge with other companies in Switzerland and abroad. It may also carry out financing for its own account or for the account of third parties, provide financial support to its direct or indirect parent companies as well as their or its direct or indirect subsidiaries, in particular grant loans and provide securities or guarantees for the liabilities of these companies. The company may acquire, encumber, hold and sell real estate. The company may carry out all commercial, financial and other activities that are connected with the purpose of the company.