Timex Nederland B.V., Amsterdam, Zweigniederlassung Zug

Purpose of the branch: National and international trade and distribution of wristwatches, timepieces, clocks and instruments as well as provision of services to promote manufacturing and trade in technical and nautical industries; participation, financing, management or administration of other companies; assumption of guarantees and other securities in favor of other group companies and entities, taking up and providing loans and financing of group companies and entities, both from own and foreign capital; use of intellectual and/or industrial property rights, including any patented or non-patented know-how and matters protected by copyright or not; performance of all financial, commercial and/or industrial actions related to the foregoing or serving the aforementioned purposes in the broadest sense of the word.