PRIMA MODA S.A.

Prima Moda S.A., its current position on the footwear market, owes to the activities that took place in the early 90s. Prima Moda S.A. was established by transforming a limited liability company into a joint-stock company on the basis of the provisions of the Commercial Companies Code. The resolution on the transformation was adopted by the Extraordinary Meeting of Shareholders of the Company under the name Prima Moda sp. z o.o. with its registered office in Wrocław on 11 December 2006. The economic activity currently conducted in the form of a joint-stock company is a continuation of the activity organized in the form of a single-member, conducted since 1992, and then a limited liability company called Prima Moda. At present, Prima Moda has almost 40 showrooms in prestigious locations in shopping centers in the largest cities in Poland. Prima Moda S.A. offers women's and men's shoes, handbags, shoe preservatives, leather goods. All products are positioned in the medio-fine sector. In November 2007, Prima Moda S.A. debuted on the Warsaw Stock Exchange.