Puig International SA

The company's purpose is to acquire participations in any form in commercial, industrial and financial enterprises; the purchase, sale, exchange and trade of securities and papers of all kinds; investments and financing, directly or indirectly related to the Company's purposes, including the creation of branches or representative offices; the purchase, sale, distribution and promotion of perfumery articles, cosmetics, skin care products and luxury goods, in particular at airports, ports and on board aircraft or ships (i.e. in the field of duty-free sales); the registration, acquisition, assignment, exploitation and transfer of trademarks and all other intellectual property rights, including by concluding all licensing or exploitation agreements related to these intellectual property rights; in general, participation in all economic, industrial, commercial and financial operations within the scope of its corporate purpose, including in the real estate sector (excluding operations subject to the LFAIE) (for complete purpose see articles of association).