The acquisition, holding, administration and management of shares in any Swiss or foreign company or enterprise, directly or indirectly. The company may create subsidiaries and branches as well as hold shares in any enterprises. The company may acquire, hold, encumber and dispose of real estate and intellectual property rights. The company may carry out all commercial, financial or other operations that are directly or indirectly related to its corporate purpose. The company may grant loans and other direct or indirect financing to group companies and to third parties, including to its shareholders (direct and indirect) as well as to the companies of the groups of the latter, including within the framework of centralized cash management agreements (cash pooling), and provide securities of all types for their commitments, including through pledges or fiduciary transfers of the company's assets or guarantees of all types, on a paid or unpaid basis.
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