The company's purpose is to provide services in the field of education, manufacture and distribution of teaching materials and related activities. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, dispose of and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of others as well as provide guarantees and sureties for subsidiaries and third parties.