The acquisition, sale as well as the holding and permanent management of participations and investments of any kind in other companies in Switzerland and abroad, as well as the investment of capital in accordance with a holding company. The Company may open branches and subsidiaries in Switzerland and abroad and assume representations. The Company may acquire, maintain, manage, develop and sell real estate and intellectual property in Switzerland and abroad. The Company may grant direct or indirect financing to third parties, including direct or indirect shareholders of the Company or companies in which such third parties hold participations, through loans or other financing or through the granting of securities of any kind, remunerated or not. The Company may also conclude cash pooling contracts with other group companies. The Company may engage in any commercial, financial and other activity that appears useful for the achievement of the company's purpose or that is connected with it, including any kind of trade as well as the manufacture, development and distribution of any kind of product and any kind of operational activity.