Sportlux Swiss SA

The company's purpose is to engage in the trade, production management, import, logistics and export of fashion products of all kinds at an international level, to provide services to affiliated and/or third-party companies; to own, manage, exploit and commercially utilize trademarks, models and patents in the fashion sector. The Company may establish branches and subsidiaries in Switzerland and abroad, hold participations in other companies, represent third parties, and engage in any commercial activity and conclude any type of agreement that may promote the Company's purpose or be directly or indirectly related to it. It may also arrange financing on its own behalf or on behalf of third parties and grant guarantees and sureties for controlled companies or third parties. The Company may acquire, hold, administer, encumber, and sell real estate in Switzerland and abroad. Transactions prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners (LAFE) are excluded. In particular, the Company may grant loans or other direct or indirect financing, including those within the framework of cash pooling agreements (including zero balancing), to directly or indirectly controlled companies and third parties, including its direct or indirect shareholders and companies directly or indirectly controlled by them; to guarantee the obligations contracted by them, the Company may provide guarantees or collateral of any kind, including pledges on the Company's assets or fiduciary assignments of the same.