The company's purpose is to hold and manage participations of all kinds in Switzerland and abroad, in particular securities for its own account. The company may establish branches or subsidiaries in Switzerland and abroad. It may also acquire, encumber and sell real estate in Switzerland and abroad, as well as conduct all business directly or indirectly related to the aforementioned purposes. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may grant loans or other financing to its shareholders, direct or indirect parent companies and their direct or indirect shareholders, as well as their direct or indirect subsidiaries, at market conditions, preferential conditions or without consideration, conclude transactions of any kind with such persons and/or companies at market conditions, preferential conditions or without consideration, and provide security of any kind for the liabilities of such other persons and/or companies, including by way of pledges on the company's assets or fiduciary transfers of the company's assets, or by way of guarantees of any kind - all of the aforementioned business even without the intention of making a profit and/or assuming cluster risks.
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