The company's purpose is to hold and manage shareholdings in other companies in Switzerland and abroad. It may create, acquire, encumber, and dispose of licenses, patents, and other intangible rights, as well as engage in all commercial, financial, or other activities directly related to its purpose or conducive to its realization. The company shall not engage in operational activities. It may establish branches in Switzerland and abroad, acquire companies with an identical or similar purpose, merge with such companies, acquire and sell real estate, as well as conclude all contracts and carry out all operations conducive to developing and extending its purpose.