The purpose of the company is to conduct investment transactions and to acquire, manage and sell participations in companies. The company may acquire, manage and sell real estate. It may also take out and grant loans, provide guarantees and other securities, acquire, manage and exploit intellectual property rights. Furthermore, the company may establish branches in Switzerland and abroad and enter into all transactions, conclude all contracts, provide all services and carry out all commercial, financial and other transactions that are suitable to promote the development of the company and the achievement of the company's purpose directly or indirectly.