Exhibit Item/ Highlight

The Maria Carla brand was established in Milan, Italy in 1976. Maria Carla herself came from a well-known leather craftsman family which owned a small factory producing leathergoods of impeccable quality for many Italian designer brands. With the help of her family, she started distribution of her own brand and for 20 years since its inception, Maria Carla leather goods were successfully distributed in over 200 mulit-brand stores throughout Italy. In 1996, Gianluca Demaestri took over the brand and expanded outside Italy, mainly in other European countries. Maria Carla brand has always focused on quality and attention to detail. With its modern approach and innovative styling, Maria Carla handbags still envoys great popularity in Europe.