The company's purpose is to hold and manage participations in partnerships and legal entities. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as grant guarantees and warranties for subsidiaries and third parties. Furthermore, the company may conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose.