The purposes of the company, primarily in Switzerland within the United Parcel Service, Inc. group, are the trade, purchase, sale, storage, distribution, transport, rental and maintenance and repair of machines and devices of all kinds, in particular for use in the office, transport and forwarding sectors; transportation of all kinds, namely air and sea freight as well as road and rail transport, including customs clearance and logistics services; personnel leasing in the logistics sector; provision of services to companies within the United Parcel Service, Inc. group in the areas of personnel, accounting and finance; assumption of any kind of representation of manufacturing and trading companies in connection with the aforementioned purposes; acquisition, management, exploitation and disposal of patents, license rights and other rights in connection with the aforementioned purposes; purchase and sale as well as management, evaluation and development of participations in other companies of any kind; execution and brokerage of financial transactions of all kinds, in particular in connection with the aforementioned purposes. The company may also establish, hold and dispose of subsidiaries and branches; acquire, manage and dispose of real estate; enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.