Purpose of the Company: Production of cosmetic products and care products in Switzerland as well as trade in cosmetic products, care products and other goods of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries at home and abroad and participate in other companies at home and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of and manage real property at home and abroad. It may also provide financing for its own or third-party account and provide security for the liabilities of affiliated companies.