MIPONAS SA

The provision of services in the areas of logistics and supply chain management in all production sectors, particularly in the fashion sector. The Company may carry out any activity aimed at pursuing its social purpose. The Company may open branches and hold participations in other companies in Switzerland and abroad. It may hold, lease, acquire and sell real estate in Switzerland and abroad; for real estate in Switzerland only in accordance with Swiss law. The Company may grant financing as well as guarantees of any kind to its subsidiaries (direct or indirect) as well as to third parties, including its shareholders (direct or indirect) and their subsidiaries (direct or indirect), for the obligations assumed by such companies or persons.