Our Company We are a company focused on growth and brand building, while staying true to our core values. PVH Brands Australia Pty. Limited is a joint venture between Gazal Corporation Limited [ASX: GZL] and PVH Corp [NYSE: PVH]. Taking effect on February 3, 2014, the joint venture followed a long and successful relationship between Gazal, a leading apparel supplier and retailer in Australasia, and PVH, one of the world’s largest apparel companies and owner of the iconic Calvin Klein and Tommy Hilfiger brands worldwide. The partnership leverages PVH Corp.’s global strength in the apparel industry, and Gazal’s expertise in the Australasian market. Gazal’s extensive multi-channel distribution network ensures it successfully grows its brands across wholesale, company-operated retail and e-commerce channels. Gazal has operated the Van Heusen brand in Australia for over 30 years under license from PVH, and in 2003 acquired the sole distribution rights for the Calvin Klein Underwear brand in Australia and New Zealand. Global megabrand Calvin Klein was the first brand to fall within the joint venture, with PVH Brands Australia licensing from Calvin Klein, Inc. (a wholly owned subsidiary of PVH), the rights to operate, manage and distribute Calvin Klein brand products in Australia, New Zealand and other island nations in the South Pacific for a period of 20 years. The move combined the Calvin Klein Underwear and Calvin Klein Jeans businesses, with a plan to subsequently extend into additional product categories. In spring 2014, PVH Brands Australia launched Calvin Klein Performance and Calvin Klein white label Suits & Accessories to the Australasian region. On February 4, 2015, PVH and Gazal added businesses to the joint venture, significantly expanding its scope. PVH Brands Australia secured the rights to license and distribute the Tommy Hilfiger brand in Australia and New Zealand (including wholesale and retail) for a 12-year term. The joint venture also acquired at that time Gazal’s shirting, tailored and men’s accessories business, which is conducted under PVH’s Van Heusen and Calvin Klein brands, as well as Gazal’s owned and licensed Pierre Cardin, Bracks, Fred Bracks, Paramount and Trent Nathan brands. The Van Heusen licence has been transferred to the joint venture and extended to 2033. Gazal’s shapewear business was also added to the joint venture, which consists of the Australian and New Zealand rights to Nancy Ganz (the Australasian market leader in this category), as well as the right to distribute the Spanx brand in Australia and New Zealand under license from Spanx, Inc., and Gazal’s own HoldmeTight brand. PVH Brands Australia has also entered into a perpetual license with PVH for Nancy Ganz for all territories outside of Australia and New Zealand. PVH Brands Australia ensures a unified approach for developing and expanding its global and locally-owned/licensed apparel brands in the region, including Calvin Klein, Tommy Hilfiger, Van Heusen, Pierre Cardin, Nancy Ganz, Spanx, HoldmeTight and Bracks. PVH Brands Australia operates under the following core values: Customers First – Delivery, performance and service. Growth – We chase business but it must be profitable. Opportunity – Every individual has the opportunity to succeed. Recognition and Reward – For effort and success. Family and Relationships – Personal with each other and customers. Integrity – We do what we say we’re going to do.