All activities involving the acquisition of direct and indirect participations in any companies or businesses, in the sense of a holding company, excluding operations prohibited by the LFAIE. With regard to participations in real estate companies located in Switzerland, they will be limited to real estate companies whose properties are exclusively for commercial use. The company may grant loans or any other form of financing to its shareholders or to companies of the same group, as well as provide guarantees of any kind, for the direct or indirect benefit of its shareholders, companies of the same group or third parties, in particular in the form of guarantees, pledges or securities on the company's assets.