The acquisition, holding, administration, management, sale, in Switzerland and abroad, of all participations in all companies, in the sense of a holding company, as well as all real estate; the company may, in addition, carry out all commercial, industrial, movable or immovable operations, as well as all other advisory activities that may be directly or indirectly related to its purpose or any similar purpose; it may grant loans to its shareholders or third parties, guarantee loans subscribed by its shareholders or third parties, secure these loans by issuing or pledging mortgage securities, or by subscribing to any other financial commitment, pledge its assets to secure any claim.