The company's purpose is to create and market watches, particularly to create and market watches under the Charles-Auguste Paillard brand, registered under no 535817 in the Swissreg. The company may create branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as carry out all operations that are directly or indirectly related to its purpose. The company may acquire, encumber, sell, and manage real estate in Switzerland and abroad. It may also engage in financing for its own account or for the account of third parties and provide guarantees for the commitments of related companies.