The company's purpose is any activity in the field of sports, leisure, and entertainment, in particular the teaching and improvement of skiing and snowboarding and all related activities, the organization of events or events in these areas. It can carry out all operations related to this activity as well as all operations likely to promote the purpose and interest of the company. It can create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts aimed at developing or achieving its purpose or directly or indirectly related thereto. It can acquire, hold, alienate, and lease real estate, grant loans or guarantees to partners or third parties, including affiliated companies, if this promotes its interests.