The purpose of the company is to participate directly or indirectly in companies of all kinds in Switzerland and abroad. The company may also conclude all transactions and enter into agreements that serve the company's purpose directly or indirectly or are related to it. The company may grant loans or other financing to affiliated companies and provide security of all kinds for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. The company may establish branches and subsidiaries in Switzerland or abroad and acquire, hold, encumber and dispose of real estate.