All activities related to the acquisition, sale, holding and administration of participations in all companies and corporations in Switzerland and abroad, including the holding of real estate participations in Switzerland in buildings used exclusively for commercial purposes; all activities related to the acquisition, management and exploitation of intellectual property rights. The company may carry out all financial, commercial, movable and immovable (with holding of buildings used exclusively for commercial purposes) transactions either on its own account or on behalf of third parties, directly or indirectly related to the main purpose. The company may open branches in Switzerland and abroad, establish or acquire any company pursuing a similar or complementary purpose. The company may grant loans and other forms of financing to other group companies and provide, in favor of a group company or a third party, directly or indirectly, securities of any kind, including guarantees, pledges or fiduciary assignments of the company's assets.