The company's purpose is to carry out all operations directly or indirectly related to the acquisition of participations in any form, in any company, as well as the administration, management, control and development of these participations. In particular, it may use its funds to create, manage, develop and liquidate a portfolio consisting of all securities and patents of any origin, participate in the creation, development and control of any company, acquire by way of contribution, subscription, firm commitment or option to purchase and in any other manner, all securities and patents, realize them by way of sale, assignment, exchange or otherwise, have these businesses and patents developed, grant to the companies in which it has an interest all assistance, loans, advances or guarantees. The company may not hold, directly or indirectly, any real estate in Switzerland, unless it has an exclusively commercial use. It will take all measures to safeguard its rights and carry out all operations generally, which are related to its purpose or which favor it.