The company's purpose is to acquire, manage and exploit participations in companies and enterprises of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, provide financial support to its direct or indirect parent companies as well as their direct or indirect subsidiaries, in particular by granting loans and providing securities or guarantees for the liabilities of these companies. The company may acquire, encumber, hold and sell real estate. The company may carry out all commercial, financial and other activities that are connected with the company's purpose.