The purpose of the company is to establish, acquire, hold, manage, operate and sell domestic and foreign participations and companies of any kind. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, encumber, utilize and sell real estate and intellectual property rights in Switzerland and abroad. Furthermore, the company may take all measures and perform all activities that are suitable to promote or facilitate the achievement of the company's purpose. The company may also provide financing for its own account or for the account of third parties, including direct or indirect shareholders of the company or companies in which they are involved, and grant direct or indirect financing to third parties, whether by way of loans or other financing or by providing security of any kind, whether against payment or not. In addition, the company may conclude cash pooling agreements with other group companies.
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