The company's purpose is to participate in any commercial, industrial, service or financial enterprise, in Switzerland or abroad. The company may: 1. engage in any financial, commercial and industrial activity directly or indirectly related to its purpose; 2. establish branches or subsidiaries in Switzerland and abroad; 3. grant loans and other direct or indirect financing to its direct or indirect subsidiaries and to third parties, including its direct or indirect shareholders as well as the direct or indirect subsidiaries of such shareholders, including without restriction, within the framework of liquidity management activities within the group, and establish security interests of any kind in favor of these parties, including without restriction by way of pledges or transfers of the Company's assets in trust or through guarantees of any nature, for consideration or not.