The company's purpose is to acquire, hold, manage, charter, operate, maintain, modify, rent, lease and sell boats and watercraft of all kinds and/or their components, as well as all activities and services related thereto, including the operation of sailing schools and the provision of other water sports activities and services. The company may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, manage and sell participations. The company may acquire, hold and sell real estate, patents, trademarks, copyrights, design rights and all other intellectual property rights in Switzerland and abroad. The company may provide financing of any kind for its own account or for the account of third parties and/or take advantage of such financing, and in particular enter into loan or security transactions (including guarantees, sureties or declarations of patronage) against payment or free of charge for or with direct or indirect parent, subsidiary or other affiliated companies, even if such financing, loan or security transactions are in the exclusive interest of these parent, subsidiary or other affiliated companies. The company may also provide management services to parent, subsidiary or other affiliated companies. The company may conduct any other business and take any measures that appear suitable to promote the purpose of the company or are directly or indirectly related thereto.