The purpose of the company is the purchase and sale of goods as well as the execution of commercial transactions of all kinds. Furthermore, the company may conduct any business that is suitable to promote or facilitate the development of the company and the achievement of its purpose. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, manage, sell, develop, lease and sublease properties and real estate, provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties, and acquire, sell and grant patents, licenses and other intangible and tangible assets.