The company's purpose is to hold trademarks and other intellectual property rights of the Johnson Controls International plc group and to provide services in the field of trademarks and other intellectual property rights to group companies. The company may also participate in, establish, acquire, merge with or take over other companies of any kind, both domestically and abroad. It may acquire, encumber and dispose of real estate and intellectual property rights, both domestically and abroad, and establish branches and agencies in Switzerland or abroad by resolution of the management. The company may engage in all commercial, financial and other activities that appear to promote the company's purpose or are directly or indirectly related to it. The company may also provide financing for its own account or for the account of third parties, as well as issue guarantees, sureties and other securities for group companies.