The company's purpose is to trade in goods of all kinds, conduct financial transactions, assume representations, patent and license exploitations, export, import and transit transactions on its own account and on behalf of third parties, participate in investments, and invest and exploit assets of all kinds. The company may carry out all financial and commercial transactions related to this purpose and deemed to be in the interest of the company by the Board of Directors. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. It may acquire, encumber, sell and manage real estate, provide financing for its own account or on behalf of third parties, and grant guarantees and sureties for its subsidiaries and third parties.