The company's purpose is to manage participations in domestic and foreign companies of all kinds, on its own account, on behalf of third parties or in a fiduciary capacity. The company may then carry out all activities that are suitable to promote or facilitate the development of the company and the achievement of its corporate purpose. The company may also participate in other companies of any kind in Switzerland and abroad, establish, acquire and merge with them. It may acquire, encumber and sell real estate and intellectual property rights in Switzerland and abroad, and establish branches and agencies in Switzerland or abroad by resolution of the board of directors.