The company's purpose is to acquire and hold participations of all kinds in Switzerland and abroad, as well as to finance them. The company can take over the management of its subsidiaries and participations. It is also authorized to buy, hold and sell real estate and intellectual property rights, acquire and grant licenses, take out and grant loans, and carry out all commercial and financial transactions that may be conducive to the realization of its purpose. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties. In particular, the company can grant loans and other direct or indirect financing to its direct and indirect subsidiaries or affiliated companies, as well as to third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries or affiliated companies, including within the framework of cash pooling agreements, and provide collateral of all kinds for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.