HUEY CHUEN SHOES GROUP YEAR 2014

INTRODUCTION History Factory Location Group Factories Group Organization Factory Data- Productivity Company Vision/ On-going Projects Future Plan- expanding capacity in Cambodia Main Products Our Commitment

History Established in 1976 by James Wang, making Vulcanized sports shoes in the beginning. Aug. 1980: Start to work with PUMA, changed to produce sports shoes. There were 3 factories in Taiwan during that time. Mar. 1990 : Taiwan Head Office set up. Taiwan Head Office 3

History Nov. 1989 : CNMC, Jianle Footwear, PUMA first factory in China. Apr. 1994: VNMC, Best Royal Co. LTD., PUMA first factory in Vietnam. Apr. 2004: VNHC, VMC Royal Co. LTD., our 2nd factory in Vietnam. Dec. 2005: KHHC, Huey Chuen (Cambodia), PUMA first factory in Cambodia. Apr. 2009: VNHV, the Vulcanized plant was established inside VNHC, and start operating on May 2009. Mar. 2014: KHMC, Beautiful Spring Footwear (Cambodia) Co., LTD, our new factory in Cambodia. It is still under construction and will start operating from March 2014. Up to 2013: Total 5 shoes factories, and 5 upper Stitching factories. 4

Factory Location HQ CNMC KHHC VNHC/VNHV KHMC VNMC

CNMC Jianle Footwear IND. CO., LTD. Factory Location: Fujian Province, China

CNMC Jianle Footwear IND. CO., LTD. Address: Hubianxi Industry Zone, Xia Zhou Village, Changle City, FuJian Province, China. Established time: Year 1989 Contact Person: Sunny Chen sunny@jianle.net Telephone Number:+86-591-2892-3953

CNMC Jianle Footwear IND. CO., LTD. Employees: 1,089 persons Capacity: 200,000prs/month Current Assembly Line: 3 lines Certification: ISO 9000, ISO 14000, OHSAS 18000

CNMC Jianle Footwear IND. CO., LTD. Cutting Stitching

CNMC Jianle Footwear IND. CO., LTD. Stock Fitting Assembly

CNMC Jianle Footwear IND. CO., LTD. Material Warehouse Finished Goods Warehouse

CNMC Jianle Footwear IND. CO., LTD. ISO 9001 QUALITY SYSTEM CERTIFICATE

CNMC Jianle Footwear IND. CO., LTD. ISO 14001 ENVIRONMENTAL MANAGEMENT SYSTEM CERTIFICATE

CNMC Jianle Footwear IND. CO., LTD. OHSAS 18001/ GB/T28001 OCUPATIONAL HEALTH AND SAFETY MANAGEMENT SYSTEM CERTIFICATE

VNMC Fuh Chuen Co., LTD. Factory Location: Binh Duong Province, Vietnam

VNMC Fuh Chuen Co., LTD. Address : 45 Yersin Street, Thu Dau Mot Town, Binh Duong Province, Vietnam Date Establish : May 1994 Lot Area: 48,346.79 sq meter Contact person: Jack Wang – Senior Manager Cindy Chua- Business Representative E-mail jack.wang@vmcvn.com cindy@maruchuen.com.tw Telephone No.: (84) 06503 824608

VNMC Fuh Chuen Co., LTD. No. Of Workers : 3172 Expats: Taiwanese: 10/ Chinese: 25/ Filipino: 2 Capacity/month : 430,000prs Assembly Lines : 10 (Lean Line): 6 (Traditional Line): 4 Customers : Puma/ Prada/ Kenzo /PLAE

VNMC Fuh Chuen Co., LTD. SATRA Leather Inspection Material Warehouse

VNMC Fuh Chuen Co., LTD. Stitching

VNMC Fuh Chuen Co., LTD. Stock Fitting Assembly

VNHC/ VNHV VMC ROYAL CO., LTD. Factory Location: Tay Ninh Province, Vietnam

VNHC/ VNHV VMC ROYAL CO., LTD. Address : Thanh Phuoc Thanh Dien Village Chau Thanh District, Tay Ninh Province, Vietnam Telephone Number : (84) 663-785512 Total Factory Area : 89,460.9 sq.mtrs. Number of Building : 17 Year Established/Space : May 12, 2003 Date Started Operation : April 2004 Office Building

VNHC/ VNHV VMC ROYAL CO., LTD. Brands Manufactured : Puma/ Tretorn/ K-swiss Total Monthly Capacity : 500,000 pairs Total Number of employees : 4,781 employees Contact Persons : Jason Lin – Senior Factory Manager Nick Chang – Business/Admin Manager The playground usually has employees play football in leisure time.

VNHC/ VNHV VMC ROYAL CO., LTD. VNHC Plant Manufacture shoe type : Cold Cement Shoes Total Production Lines : 8 lines Monthly Capacity : 400,000 prs/month Categories : Casual & Sports Shoes Total Workers : 3,174 workers Current Brand : Puma/ K-swiss

VNHC/ VNHV Manufacture shoe type : Vulcanized Shoes VMC ROYAL CO., LTD. VNHV Plant Manufacture shoe type : Vulcanized Shoes Total Production Lines : 3 lines Monthly Capacity : 100,000 prs/month Categories : Vulcanized Shoes Total Workers : 1,607 workers Current Brand : Puma/ Tretorn/ Volcom/ SEBAGO

VNHC/ VNHV VMC ROYAL CO., LTD. VNHV Plant – Vulcanized Facilities Chemical Storage Area Milling Machine

VNHC/ VNHV VMC ROYAL CO., LTD. VNHV Plant – Vulcanized Facilities Calendering Machine Texturing Machine

VNHC/ VNHV VMC ROYAL CO., LTD. VNHV Plant – Vulcanized Facilities Vulcanized Oven

VNHC/ VNHV VMC ROYAL CO., LTD. SATRA Leather Inspection

VNHC/ VNHV VMC ROYAL CO., LTD. Embroidery Section Printing Section

VNHC/ VNHV VMC ROYAL CO., LTD. Preparation Assembly

VNHC/ VNHV VMC ROYAL CO., LTD. Stitching QA Inspection Room

VNHC/ VNHV VMC ROYAL CO., LTD. Raw Material Warehouse Finished Goods Warehouse Central Chemical Storage Area

KHHC FU CHUEN (Cambodia) CO., LTD. Factory Location: Phnom Penh, Cambodia

KHHC FU CHUEN (Cambodia) CO., LTD. Location : Veng Sreng Street Phum Tropeang Thlong, Sangkat Chomchao, Srok Dangkor, Phnom Penh, Cambodia Date of Established: December 2005 Premises area : 30,000 sq. mtrs Factory area : 25,236 sq. mtrs Floors for production : 1, 2 & 5th Floors Main Products: Sport Shoes and Casual Shoes Contact Person: Charlie Chang- Senior Factory Manager Tel #: +855-23-995601 / 602603 Fax : +855-23-995605

KHHC FU CHUEN (Cambodia) CO., LTD. Current Number of Lines: 7 Current Monthly Capacity: 276,000prs/month Number of workers: 2,285 persons Advantage 1: Mainly for Export to Anti-dumping countries for European countries and Japan, no Import Duties. Advantage 2: Only 10 minutes drive to the Phnom Penh Airport. Production Building Office Building

KHHC FU CHUEN (Cambodia) CO., LTD. Cutting Stitching

KHHC FU CHUEN (Cambodia) CO., LTD. Assembly QA Inspection

KHHC FU CHUEN (Cambodia) CO., LTD. Printing Section Finished Goods Warehouse

KHHC FU CHUEN (Cambodia) CO., LTD. Material Warehouse

KHHC FU CHUEN (Cambodia) CO., LTD. Clinic Room Infirmary Room

KHHC FU CHUEN (Cambodia) CO., LTD. Offering Free Breakfast every morning We are the first and one of the two factories in Cambodia to provide free breakfast to workers every day.

Future Plan- expanding capacity in Cambodia The new factory in Cambodia is now under construction: The advantage to invest in Cambodia is mainly for Export to Anti-dumping countries for European countries and Japan, no Import Duties. In order to meet customer’s needs, we have started building the new factory in Cambodia from February 2013.

Future Plan- expanding capacity in Cambodia Registered Name: BEAUTIFUL SPRING FOOTWEAR (CAMBODIA) CO., LTD. Address : Thnung Roleung Vlg., Leaybo Commune, Tramkok District, Takeo Province, Cambodia Date of starting building the factory: February 15, 2013 Expected finished Date of the buildings: February 2014 (1st phase) Premises area : 52,940 sq. mtrs ; Factory land area : 110,000 sq. mtrs Date of starting production: March 2014 Number of production lines: 8 lines (1st phase), it could be added up to 12 lines after the 2nd phase is completed. Monthly Capacity: 400,000prs (1st phase), it could be added up to 600,000prs (2nd phase).

Future Plan- expanding capacity in Cambodia 3D VIEW of BEAUTIFUL SPRING FOOTWEAR (CAMBODIA) CO., LTD.

GROUP ORGANIZATION CHART

GROUP ORGANIZATION CHART – Top Management Phillip Chuang (General Manager) Royal Chen (Vice General Manager Development Department) Mark Chen (Vice General Manager Production & SAFE) Hank Lin (Vice General Manager Business Department) Jay Chen (Senior Manager Development Department) Steven Chuang (Vice Senior Manager Business Department) Roger Wu (Senior Manager Procurement Department) Charlie Chang (Senior manager of KHHC) George Kao (Senior Manager of KMC) Jason Lin (Senior Manager of VNHC/VNHV) Jack Wang (Senior Manager of VNMC) Sunny Chen (Senior manager of CNMC)

Factory data- Productivity Factory Code Current Production Lines Number of workers Current Monthly Capacity CNMC 3 lines 1,089 workers 200,000prs/ month VNMC 10 lines 3,172 workers 430,000prs/ month VNHC VNHV (Vulcanized) 8 lines 3,174 workers 1,607 workers 400,000prs/ month 100,000prs/ month KHHC 7 lines 2,285 workers 276,000prs/ month Note: Data refer to December 2013

Company Vision/ On-going Projects To continuously being the most important/loyal strategic partner of our customers, providing the best quality with the most competitive price. Keep our environment clean and green. Share the benefits with our workers and customers as well. On-going Projects: SAFE: We have implemented all over our factories. This is to practice Occupational Health and Safety, Chemical Management, Sustainability and Energy Saving, etc. Sustainability: The goal is to reach a 25% reduction in water and electricity consumption and waste generation by 2015. LEAN Project (CIP): Attend the program of Lean Production learning, and apply LEAN concept and CIP in production lines.

Brands & Main Products PUMA Life Style Performance Tretorn Heritage Black Station: Mihara Yasuhiro/ Urban Mobility Motion Evolution Running Woman’s Performance Motorsports: F1 Promotion/Lilo Stitching Soccer Basketball Cross Training Tretorn Vulcanized Shoes Volcom K-SWISS Running Tennis Skate Skate Infant/ Kids ITOCHU MADFOOT JACK WOLFSKIN Waterproof Styles SEBAGO Vulcanized Shoes

PUMA by Mihara Yasuhiro Main Products PUMA by Mihara Yasuhiro Starting the partnership with PUMA in 2000, Japanese fashion designer Mihara Yasuhiro has his collection in the Black Label Category which is famous of avant-garde sneakers. 355618 /MY 70 Tattoo 355616 / MY 69 Tattoo

PUMA by Mihara Yasuhiro Main Products PUMA by Mihara Yasuhiro MY 60 Mid Union Jack MY 57

PUMA by Mihara Yasuhiro Vulcanized Shoes Main Products PUMA by Mihara Yasuhiro Vulcanized Shoes 354032 MY-61 HI 354499 WESTDALE MID PERF

355487 / FTR Slipstream LT Chtah Wn’s Main Products PUMA AU13 Lifestyle PUMA Black Station 355340 04 / MY 71 355487 / FTR Slipstream LT Chtah Wn’s

Main Products PUMA Motorsport Future Cat M1 Speed Cat

304455 Future Cat M1 Big WN’s Material Story Main Products PUMA Motorsport 304666 Future Cat M1 Big SF 304455 Future Cat M1 Big WN’s Material Story 304666 Future Cat M1 Big SF

Main Products PUMA Motorsport 304358 Future Cat M2 Suede 304666 Future Cat M2 WN’s NM

Main Products PUMA Motorsport BMW 304172 Evo Speed Mid BMW 304172 Evo Speed F1 BMW

Main Products PUMA Motorsport Driving Power Light Mid SF Pace Cat SF

Main Products PUMA Motorsport 3.0 Mid SF Driving Power 2 Mid

PUMA Motorsport- MINI collection Main Products PUMA Motorsport- MINI collection Buckminster Chukka Mini Alywn Mid Mini

Main Products PUMA Motorsport 304780 01 / First Lap SF L 304389 03 Alwyn Low Mini

Main Products PUMA SS14 Motorsport 304873 / BMW Preciso Mid 304874 / BMW Preciso Lo

304614 Future Cat Superlt SF JR Main Products PUMA Motorsport 304614 Future Cat Superlt SF JR 304692 Future Cat Superlt JR

304463 Drift Cat 4 Material Story Main Products PUMA Running PUMA Motorsport 186446 Shintai Runner 304463 Drift Cat 4 Material Story

Main Products PUMA Heritage 352077 Runner Nylon 355165 First Round Shimmy JR 352077 Runner Nylon

Main Products PUMA Heritage 341044 TX-3 341044 TX-3

Main Products PUMA Heritage 304574 Street Lo Grafic 354962 Street Mid

Main Products PUMA Sports Shoes 301432 Super Squalo Lo GT 301789 Super Squalo Lo WNs GT

Main Products PUMA VNHV Sports Shoes PUMA VNHC Sports Shoes 354498 Villian S 304048 Fast Cam SM

Main Products PUMA SPORT LIFESTYLE 356327 Whirlwind c Jr 355629 Puma Los Angeles Runner Sl

Main Products PUMA Cross Training Motion Avanti Puma Suede

Main Products PUMA Motion Mostro Ripstop 2 Mostro Perf Ext

Main Products PUMA Motion Mostro Leather Mostro Leather

Main Products PUMA Motion 303935 EVO SPEED MID PRO 303936 EVE SPEED MID

Main Products PUMA Vulcanized Shoes BE MINI Vulc Wn’s Westdale S Mid

Main Products PUMA Vulcanized Shoes 355141 EL ACE 3 CAMO 355136 VILLIAN S CAMO

Tretorn Vulcanized Shoes Main Products Tretorn Vulcanized Shoes 472549 HIGHLANDER LEATHER 472560 SKYMRA MID SL W

Tretorn Vulcanized Shoes Main Products Tretorn Vulcanized Shoes 472287 Skymra Mid SL Alpine 472411 Highlander Boot Winter

Tretorn Vulcanized Shoes Main Products Tretorn Vulcanized Shoes 472474 SKYMRA MID S2 METTALIC W 472237 SKYMRA SL CANVAS

Tretorn Vulcanized Shoes Main Products Tretorn Vulcanized Shoes 472681 FLAT DURBY W 472678 OTTO SISTER CANVAS WN’S

Tretorn Vulcanized Shoes Main Products Tretorn Vulcanized Shoes 472834 SKYMRA HEMP 472658 SKYMRA SL CANVAS

472825 / Ebbe Suede Vinter Wn’s Main Products Tretorn 472782 / Luzy Suede Wn’s 472825 / Ebbe Suede Vinter Wn’s

Environment & Sustainable Compliance Our Commitment Good Product SAFE Working Environment & Sustainable Compliance On-time Delivery Good Service

Thank you for your attention!