TODAY'S FASHION AG

The company's purpose is to trade in and broker ladies' and gentlemen's fashion as well as fashionable accessories. The company may also provide consulting and coaching services to suppliers (manufacturers, wholesalers, and end-consumers) in the fashion industry. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all 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 the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.