The company's purpose is to acquire, hold, manage and sell participations in commercial, financial and industrial companies with their registered office in Switzerland and abroad. The company may carry out any commercial, industrial, securities and real estate transactions, as well as financial transactions related to and/or instrumental to the main commercial activity, also for the benefit of other controlled and/or affiliated companies within the group, including the provision and receipt, also without consideration and solely in the interest of the beneficiary, of intra-group financing and guarantees. The company may open branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad; represent third parties, carry out activities and conclude agreements aimed at promoting the company's purpose, or which are directly or indirectly related to it. The company may also acquire, encumber, manage, administer, lease and sell real estate in Switzerland and abroad, as well as participate in real estate companies and enterprises with their registered office and/or activities in Switzerland and abroad, in compliance with the applicable regulations. Any activity carried out in the real estate sector is not directed towards third parties but is limited to real estate for its own account.