Holding of participations and exercise of financing functions towards participations. The company may establish branches, subsidiaries and representations in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell and manage real estate and securities in Switzerland and abroad, manage and exploit intellectual property rights, grant loans and take up credits. Furthermore, the company may conduct all business that is suitable to promote the purpose of the company or that is directly or indirectly related to it.