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5 Clarks Deckers ECCO Rockport Timberland Wolverine Cole Haan Guess Jones Group Kenneth Cole Tory Burch Michael Kors Alejandro Ingelmo Alexander Wang Armani Bally Balmain Brian Atwood Givenchy Kenzo Marc by Marc Jacobs Marciano Miu Miu Paul Smith Phillip Lim Prada Sigerson Morrison Via Spiga Y3 Stella Luna What For JKJY by Stella Pierre Balmain 03

6 2013 What For Stella Luna JKJY

7 2009 Dubai Mall Stella Luna 2006 Stella Luna 2007 What For Clarks Rockport Timberland Wolverine

8 7.9% 1,663,100, ,663,091 1,541,470 1,550,003 1,494,531 1,293, ,008, , , , , , ,408 06

9 % 2.3% 14.0% 51.7% 25.5% 10.3% 6.0% 21.5% 40.0% 22.2%

10

11

12 10

13 11

14

15

16 14

17 Stella Luna What For JKJY by Stella Pierre Balmain 7.9% 1,663,100,000 1,541,500, % 53,100,000 50,800, % % 37.5% 22.2% 24.5% 21.5% 20.0% 10.3% 10.1% 51.7% 25.5% 14.0% 6.5% 2.3% 15

18 28.1% 58,200,000 81,000,000 5,100, % 99,800, ,200,000 6% 15.7% 71,700,000 85,100, % 348,800, ,100, % 22.9% 1.6% 120,700, ,700,000 72,800, ,100,000 81,700,000 97,300, % 10.3% 16

19 74.4% 2.5% 197,100,000 17

20 OEM 18

21 What For Stella Luna JKJY by Stella 17 Stella Luna 16 What For 10 JKJY by Stella 1 Pierre JKJY Pierre Balmain Stella Luna What For by Stella Balmain

22 Stella Luna What For JKJY by Stella 28 Boulevard Saint-Germain Rue Saint-Honoré Galeries Lafayette Le Printemps Stella Luna Anthony Vaccarello Charlotte Gainsbourg Ciara Harris Rosie Huntington-Whiteley What For Stella Luna 1,700 6,000 What For JKJY by Stella 900 2,300 1,700 3,300 VIPLUX Stella Luna JKJY by Stella Pierre Balmain Stella Luna What For 20

23 21

24 Stella Luna What For 70% 174,500, ,000, % 72,800, ,100,000 22

25 23 83,000 77,000 91,300,000 64,600, % 81,700,000 97,200,000 77,100,000 4,600, % 91,300,000 97,600, ,800, ,500, ,800, ,000, ,600, ,700,000

26

27

28 ESH 26

29 16 27

30 DNA % 28

31 % 29

32 2, % 90,574 LED ,160 30

33 83,000 31

34 500,000 32

35 ESH 33

36

37

38 36

39 (1) (2) 4 Rs 4 Rs

40 B.1.5 E.1.2B.1.5 E.1.2 A. A.1 38

41 A.1.1 1/6 5/6 6/6 4/6 6/6 Bolliger Peter 5/6 BBS 6/6 5/6 A.1.2 A

42 A.1.4 A.1.5 A.1.6 A.1.7 A

43 A.2 41

44 A.2.1 A.2.2 A.2.3 A.2.4 A

45 A.2.6 A.2.7 A.2.8 A.2.9 E 43

46 A

47 A.3.1 A

48 A.4 A.4.1 A.4.2 A

49 A.5 A.5.1 BBS Bolliger Peter 2/2 BBS 2/2 2/2 Bolliger Peter 2/2 (i) (ii) (iii) (iv) (v) 47

50 A.5.2 A.5.3 A.5.4 A.5.5 A.5.6 A.3 48

51 A.6 A

52 A.6.2 (a) (b) (c) (d) A.6.3 A

53 A.6.5 A.6.1 A, B, C A, B, C A, B, C A, B, C Bolliger Peter BBS A, B, C A, B, C A, B, C A, B, C A B C 51

54 A.6.6 A.6.7 A.6.8 A.1.1 A.6.2 A.6.3 A.6.2 A

55 A.7 A.7.1 A.7.2 A.7.3 A.7.1 A

56 B. B.1 BBS BBS BBS 2/2 2/2 1/2 54

57 (i) (ii) (iii) (iv) BBS B.1.1 (i) (ii) (iii) 55

58 B.1.2 (a) (b) (c) (i) (ii) (d) (e) 56

59 (f) (g) (h) B.1.3 B.1.4 B

60 B.1.6 B.1.7 B % B.1.9 (i) (ii) (iii) (iv) (v) (vi) 58

61 C. C.1 C.1.1 C

62 C

63 C.1.4 C.1.5 C C.1.7 C

64 C.2 C.2.1 COSO 62

65 C.2.2 C.2.3 C.2.3 (a) (b) (c) (d) (e) 63

66 C.2.4 C.2.1 (a) (b) (c) (d) (e) C.2.5 C.2.6 C

67 C.3 BBS 3/3 3/3 BBS 3/3 (i) (ii) (iii) (iv) (v) (vi) (vii) 497,000 93,000 65

68 C.3.1 C.3.2 (a) (b) C.3.3 (a) (b) (c) C.3.4 C

69 C.3.6 (i) (ii) (iii) C.3.7 (a) (b) C.3.7 C

70 D. D.1 A.1 D.1.1 D.1.2 D.1.3 D.1.4 A.1 68

71 D.2 D.2.1 D.2.2 D.3 Bolliger Peter BBS Bolliger Peter Bolliger Peter 2/2 2/2 BBS 2/2 (i) (ii) (iii) (iv) (v) 69

72 D.3.1 D.3.1 (a) (b) (c) (d) (e) D.3.2 D.3.1 D

73 E. E.1 (a) 58 (b) (i) (ii) (iii) (c) (i) (2)

74 (ii) E.1.1 E.1.1 (i) (ii) (iii) (iv) (v) (vi) 10% 10% 72

75 E.1.2 A.2 0/1 0/1 1/1 0/1 E /1 Bolliger Peter 0/1 BBS 1/1 1/

76 E.1.4 (a) (b) (c) (d) (e) (f) (g) E.2 E

77 F. F.1.1 F.1.2 F.1.3 F

78

79

80 64 32 Cordwalner Bonaventure Inc Cordwalner Bonaventure Inc Cordwalner Bonaventure Inc.Cordwalner Bonaventure Inc Cordwalner Bonaventure Inc. 78

81 BOLLIGER Peter 70 Bolliger Harrods House of Fraser PlcKurt Geiger A & D Spitz (Pty) Ltd. Bally Shoes Clarks GrandVision B.V. Bolliger 79

82 BBS

83 57 33 Cordwalner Bonaventure Inc University of Bath

84

85

86 ,300,

87 31 283,500, ,000,000 Bolliger Peter BBS 87(1)BBS 85

88 30(I) 14A XVXV

89 Bolliger Peter 150, , % 238,500 26,205, ,443, % 150,000 21,921, ,071, % 283,500 1,500, ,783, % 331,500 28,551, ,883, % ,500, XV

90 336 XV23 Cordwalner Bonaventure Inc. 246,412, % The Capital Group Companies, Inc. 95,074, % Capital Research and Management Company 47,261, % 336 XV23 88

91 (1) (2) (3) (i) (ii) (iii) 30%238,313,850 89

92 10%78,000,000 5% 10% 12 1% 12 (i) 0.1%(ii)5,000,000 90

93 2,445, ,428, , , % 61.0% 30% 5% 91

94 92

95

96 94

97 7 1,663,091 1,541,471 (1,314,333) (1,188,329) 348, , ,265 19,285 9 (4,754) 2,388 (92,691) (116,885) (75,133) (71,862) (52,644) (48,693) (341) (237) 135, , (15,566) (14,528) , ,816 (4,379) 1, , , , ,656 (456) , , , ,092 (496) , ,

98 15 356, , ,201 18, ,556 7,858 9,325 20, , , , , , , ,833 2, ,840 43, ,876 29, , , , , , , ,283 56,775 49, , , , , , , ,160 10, , , , , , ,

99 , ,503 45,427 1,146 (888) (2,729) 190 1, , , ,752 1,436 1, , , , ,816 1, , , , (4) (3) 13 (107,529) (107,529) (107,529) 10, ,503 45,427 1, (2,722) 190 1, , , ,550 (4,339) (4,339) (40) (4,379) 120, ,701 (456) 120,245 (4,339) 120, ,362 (496) 115, (97,304) (97,304) (97,304) 10, ,503 45,427 1,146 (3,791) (2,722) 190 1, , , ,709 (1) (i) Stella International LimitedStella International (ii) Stella International Marketing Company Limited (iii) Stella Luna Sol Limited (2) (i) Stella International Stella International 0.2% (ii) Cordwalner Bonaventure Inc.Cordwalner 3,150,000 Eagle Mate Capital LimitedCordwalner 1.17% (3) 1 14,870,500 1,487, ,00037(4) 12,795,000 12,985,000 97

100 135, ,344 39,638 35,438 3,794 1,928 (351) (206) , (3,519) (4,749) , ,515 (41,988) (1,333) (38,841) (22,332) (24,370) (1,201) (14,004) 21,591 5,749 20,265 67, ,505 (8,386) (5,933) 6,996 58, ,568 (77,393) (82,074) (2,540) (445) (1,816) (14,682) 282 6, ,519 4,749 (77,339) (86,032) 98

101 (341) (237) (97,304) (107,529) (97,645) (107,766) (116,199) (4,230) 248, ,039 (905) , ,705 99

102

103 a)b) 101

104

105

106 3. 104

107 3. 105

108

109 3. 107

110 3. 108

111 3. 109

112 3. 110

113 3. 111

114 3. 112

115 3. 6c

116

117 ,614,000212,600,000 2,636,

118 4. 36,840,000 43,872, ,688,000 18,829, ,750,000 15,291,

119 6. 6a. 42,876 29, , , , , , , b. 18,279,000 11,387,

120 6. 6b. 38,478 39,258 61,067 53, ,859 1, ,932 1, ,891 2,307 2,077 2,459 4,596 2, ,551 2,802 5% 5% 5% 5% 5% 118

121 6. 6b. (847) (540) (40) (26) (754) (63) (94) (11) 2,024 (41) (1) (2) ,00049,000464,000 93,

122 6. 6b. 5% 1,534,000 1,099,000 5% 74,000 62%83% 79%91%

123 6. 6b ,017 36,700 4, , , ,812 38,045 9, , ,

124 6. 6c. (i) 1) 22,719,000 20,157,000 9,596,000 19,703, ) 3) 348, ,

125 6. 6c. (ii) ,876 42,876 42,876 42,876 (368) (368) (368) (368) ,299 29,299 29,299 29, ) 2) 3) 123

126 7. (a) 529,685 1,033,609 99,797 1,663,091 1,663, ,568 22,247 (22,247) 530,364 1,055,177 99,797 1,685,338 (22,247) 1,663,091 72, ,123 (4,587) 245, ,520 3,359 1,265 1,557 4,234 (52,644) (66,600) (427) (463) (341) ,

127 7. (a) 464, , ,228 1,541,471 1,541,471 1,160 28,164 29,324 (29,324) 465, , ,228 1,570,795 (29,324) 1,541,471 68, ,220 1, , ,256 4,630 1,226 1,088 10,222 (48,693) (55,456) (667) (231) (237) ,

128 7. (a) 3 377, , , ,026 90,893 92, , , , ,613 1,186,478 1,186,551 83,492 90,481 73,799 86,095 15,912 15, , ,258 60,566 60, , ,

129 7. (a) 28,614 54,829 6,479 89,922 14,185 22,385 3,068 39, ,285 3,794 7, , ,262 6,910 1,394 15,

130 7. (a) 22,380 74,877 6, ,937 12,112 21,373 1,953 35, ,283 1,928 7, , ,484 6,408 1,636 14,528 (b) 528, ,159 1,134,222 1,077,312 1,663,091 1,541,

131 7. (c) 799, , , , , , , ,407 58,725 73,817 54,967 55, ,583 33,765 45,507 34,944 37,557 17,009 33,483 30,342 31,460 23, , ,764 15,578 13,792 1,663,091 1,541, , ,984 (d) 10% A 1 304, ,817 B 1 226, ,

132 8. 3,519 4,749 1,265 1,226 1,557 1,088 5,924 12,222 12,265 19, (3,392) (472) 3,286 (427) (667) (463) (231) (4,754) 2, ,457 14, ,566 14, % 130

133 10. 25% 58/99/M212 SIT 2,498, , ,344 25% 25% 33,953 34,336 17,037 8,926 (2,443) (4,493) (88) (52) SIT (32,497) (23,976) (396) (213) 15,566 14,

134 10. 54,280,000 6,996,000 54,280,000 6,996, ,437 2, , , , , ,794,000 1,928,000 1,314,333 1,188,329 39,638 35,

135 12. Peter BOLLIGER , ,437 Peter BOLLIGER , ,

136 ,609 76, ,695 30,732 97, , ,321, , , ,601, ,188,378 1, ,601, ,189,586 Teeroy Limited

137 , ,665 27,862 9,046 51, ,437 1,385 2, ,763 38,213 19,466 2, , ,937 14,274 1, (15,622) (4,419) (9,136) (415) (308) (14,278) 184, ,136 30,814 10,001 78, ,859 (2,221) (2,473) (417) (136) (997) (6,244) 22,320 18,759 7, ,584 89,922 43,438 2,830 2,723 (48,991) (2,946) (5,850) (418) (583) (1,364) (11,161) 245, ,402 40,335 9,908 68, ,376 45, ,651 17,810 4, , , ,701 7,866 20,566 5,084 1,922 35,438 (3,391) (4,189) (7) (271) (7,858) 50, ,239 23,313 6, ,855 (946) (1,771) (364) (105) (3,186) 11,283 20,705 6,134 1,516 39,638 (2,519) (4,299) (239) (430) (7,487) 58, ,874 28,844 7, , ,937 87,528 11,491 2,442 68, , ,164 88,897 7,501 3,516 78, ,

138 ,268,000 8,442, ,201 18,716 20,825 19,287 2,540, ,000 2,913,000 3,002,

139 17. 26,200 26,200 (14,616) (14,314) (4,028) (4,028) 7,556 7,858 60% 60% 40% 40% Couture Accessories Limited 40% 40% 40% 40% 60% 137

140 17. 43,612 45,662 15,929 15,779 47,759 49, , , ,782 11,670 60% 60% 7,069 7,

141 17. Couture Accessories Limited 2,510 2, , ,841 3, Couture Accessories Limited 1,218 2,140 Couture Accessories Limited 40% 40% Couture Accessories Limited

142 18. 63,022 46,212 77,146 56,871 75,520 74, , , , , ,150 54, ,673 14, ,753 4, , , , , , ,370 44,683,000 65,585,000 7,771,000 75,000 1,241,000 17,876,000 1,433,000 1,630,000 7,829,000 94, ,000 2,296, ,000 1,575,

143 19. 1,937,000 13,187, , ,825 3,451 1,937 13,187 2,636 2, ,732 43,872 62,604 62,604 Couture Accessories Limited ,840 43,

144 ,000, ,000, ,000, ,719 9,596 18,195 19,703 1,962 42,876 29,299 18,279,000 11,387,

145 23. 48,113,000 74,413,000 38,610,000 4,653,000 1,691,000 15,000 3,163, ,000 34,433,000 15,765,000 1,412,000 11,000 2,023,000 1,227, % 3.32% 0.12% 3.5%) ,865 56, ,561 8, ,374 36,448 91, ,733 84, , , , b 38,478,000 3,000 1,742, ,000 2,077, ,000 19,290,000 1, ,000 4,091,000 1,204, ,

146 ,000,000, ,000 63, ,379,500 79,438 10, ,265,000 1,226,

147 26. 2,945 4,818 8,858 5,242 11,803 10,060 17,558 29,408 29,361 39,468 12% 27% 8,592 7,420 13,490 9,003 3, ,708 17,

148 27. 27,596 56, ,665 28,481 61, % 1% 0.1% 5,000,000 2,445, Teeroy Limited 146

149 28. 1,428, , ,900 (4,900) 5,000 (5,000) 7,500 (7,500) 10,000 (10,000) 27,400 (4,900) (22,500) 14, ,

150 29. 5% 1, (I) (1) 150, ,693 Couture Accessories Limited (1) 1,623 2,079 1,546 1,733 (1) (II)

151 30. (III) 2,548 2, ,552 2, , , , , , ,134 1,532 1, , ,687 10,160 10,160 (a) 813, , , ,

152 31. (a) 10, ,503 1,146 (2,729) 190 1, , , ,822 97,380 97, (4) (3) (107,529) (107,529) 10, ,503 1,146 (2,722) 190 1, , , ,687 97,774 97,774 (97,304) (97,304) 10, ,503 1,146 (2,722) 190 1, , , ,

153 32. % % % % % % % % Couture Accessories Distribution Limited 4,000, P.T. Young Tree Industries 38,592,000, , Stella Fashion Group Limited Stella Fashion SAS 1,000,000 (3) Stella Footwear (Bataan) 1 (2) Company Limited (2) Stella Footwear Inc. 3, Stella International Limited Stella International Marketing Company Limited 10, Stella Luna Sol Limited Stellaluna (Thailand) Co., Ltd. 20,000, Stella Services Limited 300, (1) 1,000, (1) 3,249,979 (3) (1) 191,810, (1) 10,000, (1) 3,000,000 (3)

154 32. % % % % % % % % (1) 10,000, (1) 10,000, (1) 300, (1) 8,000, (1) 11,134,460 (3) (1) 220,000, (1) 25,000, (1)(2) 10,000, (1)(3) 163,800,000 (3) ,000,000 (2) (1) 135,280, ,000,000 (2) (1) 11,000, (1)(3) 10,000, (1) 1,000, (1) 4,400,000 (3)

155 32. % % % % % % % % (1) 2,000,000 (3) (1) 1,000, (1) 6,300, (1) (2) (3) 153

156 1,293,521 1,494,531 1,550,003 1,541,471 1,663, , , , , , , , , , ,701 (80) (204) (815) 160 (456) 121, , , , , ,125 1,074,874 1,158,949 1,186,551 1,186,478 (187,918) (212,874) (242,197) (253,001) (233,769) 802, , , , ,

157 BOLLIGER Peter BBS BBS BOLLIGER Peter BBS BBS BOLLIGER Peter BBS Royal Bank of Canada Trust Company (Cayman) Limited 4th Floor, Royal Bank House 24 Shedden Road, George Town Grand Cayman KY Cayman Islands Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands

158 156

159

160 * for identification purpose only

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