The company's purpose is, in all countries: to acquire, establish, hold, administer, manage and dispose of participations in companies, as a holding company; to take, in any form, all interests and participations in all kinds of companies or enterprises having a movable or immovable, industrial, commercial or civil object; to ensure the management of these subsidiaries, and, if necessary, to provide them with all administrative, financial and commercial services and to invoice its services; to act directly or indirectly on its own account or on behalf of third parties, and, either alone or in association, participation, or company, with all other companies or persons, and to carry out directly or indirectly, in any form whatsoever, the operations falling within its purpose; to create, acquire, sell, exchange, take or give on lease with or without a promise of sale, manage and operate, directly or indirectly, all commercial establishments. In general, the company may carry out all commercial, financial, movable and immovable operations (excluding operations prohibited by the LFAIE) and conclude all contracts suitable for developing its purpose or relating thereto directly or indirectly; it may participate in companies or enterprises having a similar purpose or other purposes and create branches in Switzerland and abroad.