Management of an equestrian sports operation, breeding and trading of horses, training of riders and horses, participation in equestrian sports events and promotion of equestrian sports, trading of goods of all kinds, in particular with articles of equestrian sports and provision of services related to horse keeping and horse training. May establish subsidiaries and branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, hold and sell real estate and intellectual property rights, carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company, is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.