GAITO AG

The company's purpose is to purchase, sell, broker and represent fashion items, in particular clothing, leather goods, shoes, fabrics and accessories, as well as operate boutiques. Furthermore, the company may engage in any business that is suitable to promote the company's purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct any business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.