The acquisition, holding, administration and use of participations in companies in Switzerland and abroad, excluding participations in non-listed companies with a real estate purpose. In addition, it may carry out, either on its own account or on behalf of third parties, all financial, commercial or securities transactions directly or indirectly related to its corporate purpose. The company may establish branches and subsidiaries in Switzerland and abroad. It is worth noting that any real estate held in the context of the aforementioned activities will be exclusively used for commercial purposes.