The company's purpose is to hold, manage and sell participations in other companies. The company may establish branches in Switzerland and abroad, participate in other companies of any kind, assume representations, and enter into any business and conclude any contracts that may be suitable to promote the purpose of the company, or that are directly or indirectly related to it. It may also enter into financing for its own account or for the account of third parties, as well as guarantees, sureties and pledge agreements for affiliated companies and third parties. It may acquire, lease, rent, encumber and sell real estate in Switzerland and abroad. The company may acquire, hold, manage or sell any kind of debt or securities in Switzerland or abroad. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as to grant loans to group companies or third parties or to provide security for their obligations.