ara2015 igs FOOTWEAR INDUSTRY REPORT Copyright© GLOBUS Softwar, ne All ightereserved Industry 7 Saturday, June 1th, 2096 Year 20 Year 20 Scoreboard Investor Best.in- Expectation Industry Overall Change Rank Company Namo core Score’ “Score. from 18 1+ JUWARA 115 he oy 2 HOUSE oF sHoES 413 80 7 3 Donatelo 4 st m8 4 ChaussurE Mates 96 58 7 46 5 Shoes 95 55 % Ou 6 —AIRGO 93 51 2 3 & — BOLTZ corp. 89 54 nm 45 6 — EVERBEST 92 51 2 ° 8 FLAMEPro 69 a5 nd 40 GUNDALA 65 37 sa 1 UKEAIR 42 u ms 42 KoMoDO 2 a 25 6 Game-To-Date Scoreboard Investor Bostin- Overall Expectation industry Overall Bonus. @T'D Rank Company Namo Beore Score” “Score. omnis —_Score 1+ JUWARA 114 7106 2 108 2 HOUSE OF sHoES 409 86 38 1 99 3 GUNDALA 93 n 83 o 8 3 Shoes 96 66 a1 2 8 5 EVERBEST 80 62 76 1 7 5 AIRGO 88 1 75 2 7 7 BOLTZ corp. % 55 66 3 68 8 Chaussure Mates 7 55 66 1 67 8 LKEAIR 66 52 58 1 60 10 Donatello 8 2 82 0 41 FLAMEPro 55 a2 49 Ohta 42 koMoDO 2 7 30 1 ” Inyastor Expectation — investors ard company boards of decors have extbiahed annua targets fr Sve hey petomance mesures ‘Seore (re) Bost-insndustry ‘Score (8) about and the importance welghting of each: EPS (20 points), ROE (15 points), Stock Price (20 points), Credit Rating (@0 points), and image Rating (25 points). Pages 2 and 3 ofthis report show the Investor expectaion targets (i parenthess just under the column heads for each Year). The Investor expactaton scare on 2 performance feasure is equal fo the percentage of the target that was achieved. Achieving higher than targeted performance Fesuts In adatonal awards of 0.5% for each 1% overachleved (capped at 40% over the target). Thus the investor expectation score ranges from 0 to a max of 120 (al targets are exceeded by 40% or more) This scoring standard is based on how well each company performs relative tothe best-perfrring company in the industry on EPS (20 points may), ROE (15 points max), Stock Price (20 points max), Credit Rating (20 porns max), and Image Rating (25 pois max). In order to get a score of 100 a company must be he best performing Company in the industy on all ve measures achieve no lower than the Investor expectation on £°S, ROE Stock Price, and Image Rating, and nave an At Credit Rating ‘This measure fs used to determine each company’s rankng inthe Year 20 Scoreboard and the Game-To-Date ‘Scoreboard abave. The overall score is calculated by combining the Investar Expectation Score and tne Best-ln- Industy Seore into a single sere using the 50%-60% weighting as epectied by the course ineucor. 6ara2015 INDUSTRY 7 COMPANY PERFORMANCE OVERVIEW Earnings Per Share (s) EPS scores are based on a 20% of 20 point welghting. Bold numbers indicate achlevement of the investor expected EPS shown] YEAR 20 below each yeary column head. Best-n-Industy perormers eam a lop score, ana scores of ofmer companies ae percentage ofthe industydeading EPS performance, Game-To-Date scores are bated on a weighted average ofthe annval EPS perfamances, Yi viz Yi3 Yi4 YS YIS YI7-Y18-Y19-—«Y20‘WotAvg. _Y20Scom Ga 28h 245) 0.05) 2) ad) 05) HH AO a2) a) TE A 255° 3368 (148 229° «2.23°«251 «64410141848 2HB2 A B 265 170 209 089 101 055 289 042 170 3 149 4 5 8 © 34 220 182 040 261 -098 170 171 188 324 120 18 6 c D 273 235 1.16 201 225 -829 104 270 580 398 089 18 6 D E447 By a oy ee A ee E F256 foil ad} 0761-070 a) 206. as) ee) oe te) ole ol le 6 506 6035.23 553 1055 983 1195 258 699 «12 «42k 0G Haase 416 279 240-227 649972 «78242824 12H To o4a 199 243 520 432 574 «250 247 420 362 «19 «6 «020 10 «T 3 536 673 185 1937 435 «415 462 476 1307 6428 20H BD k oor a 00 5 do A mo Oo 0 bo Oo Lae faa 45) aon a7] wr oer Vo ig: ota eee io el Return on Equity (%) ROE scores ate based on a 15% oF 15 polnt weighting. Bold numbers Indicate achievement of the Investor expected ROE shown Below each yeary column head. Best-n-Industy perormars eam a lop score, ana scores of ofmer companies are percentage ofthe industyseading ROE performance. Game-To-Date tcores aro bated on a weighed average ofthe anal ROE performances M1 viz YI3 4 YISYIG—Y17.—«Y18_OY19.-Y20. Wagt.Avg. _Y20Scoro (3949959) 189) 88H SH C9) 8 ED Tee A 156 177 59 110 08 101 185 33 198 143 120 19 & 1 14 A Bo is1 91 12 39 47 25 113 16 63 125 68 7 7 9 8 B © 19 119 82 20 198 60 18 98 101 185 66 2 9 98 8 © D 1S 124 56 101 128 -74 124 M43 438 339 45 24 2006S tee a7) P07) tie) 10i | oa) cal aoa) 93) io, ieee io) 16) el F455 101 26 234 57 07 81 136 M4 107 37 13 6 58 4 F G ms 26 29 166 26 128 22 14 175 38 172 5 2 2 20 G Hoo258 732 178 «107 163 aD 72 189A 4S tt 20TH I 254 151 84 92 473 130 186 oS 64 103 122 4 6 1 4 I a} avae1 | 203) 208) 200)21 302) 102171 a0) 28 est ez0e, tase |e) 2 ae ie 19) i) 001 0c feel (1) 0s) (70: | 102] on) oe a aa eae 2) el clk Dy envae tea) ea) cee tes) 137 0) 70 eo) i a cee as al Stock Price (S per share) ‘Slock Price scores are based on a 20% or 20 point welghting. Bold numbers indieate achievement ofthe nvestor-expected stock pe ‘shown below each yearly column head. Best--Industy performers eam atop score, and scores of other companies are a percentage af the industy-leading perforrance, Game-To-Date scores aro based solely on the mast recon years slock pie, Yu viz vis Ya Vis YisYt7.—ovt8. oY. Y20 ‘Y20 Score 9200) (2426) 678 (925 200 4425) ORE ABT 129 (5950) TE. A 2090 46:60 2637 2363 2068 27.24 67.66 3200 49.39 52.55 20 a B 5074 741 2192 1271 903 5.83 3155 1794 2448 43.99 6 B © 4407 2381 1568 895 554 475 15:33 2422 2422 45.74 7 © D 3145 22.09 1304 798 426 512 9.09 3942 e464 58.00 a D E S140 2587 2609 1453 27.05 2392 3579 4468 6272 44.59 7 E F 2585 1520 915 608 807 475 1378 2798 3081 27.78 10 F G 9418 74.99 96.75 63.64 172.29 69.23 14849 10762 19210 77.78 24 6 Ho 9237 e4e6 56.07 2825 6265 27.28 1597 S718 166.28 149.27 24 4 T8283 3654 1942 25.19 8066 S560 719 3505 20.55 51.97 19 I 3 98.96 101.36 10832 4370 15335 61.80 4288 44.52 50.54 151.95 2 3 K 1679 1407 963634 1843 18.03 2858 1524 938645, 2 ry L852 3638 2669 1965 6135 S348 71.30 3309 1848 1140 4 L Footwear Industry Report Copyright © GLO-BUS Software, Ine. Page 2 about 28ara2015 INDUSTRY 7 COMPANY PERFORMANCE OVERVIEW Earnings Per Shar s) YEAR 20 EPS scores are based on a 20% of 20 point welghting. Bold numbers indicate achievement ofthe investor expected EPS shown] Industry perarmers eam a top score and scores of ofner companies are perventage of the industydeading EPS performance. Game-To-Date scores are bated on a weighted average ofthe annval EPS perfomance, Below each yeary colunn head. Best Yin viz Y13 Yd VIS YI6-—Y17.-—Y18_«Y19.«-Y20.Wgt.Avg. _Y20Score__G-F-D Score 2s 285) 3.05) G28) G4 08) 8H OH a2) AY) OSH) TE BET TE ert A 255 338 118 220° «223° «2516441018422 B 265 170 209 089 1.01 055 289 042 170 314 149 14 5 8 4 B © 34 220 182 040 261 -098 170 171 188 324 120 1 § 7 3 € D 273 235 1.16 201 225 -820 104 270 sao 398 08 18 6 4 2 D Lever 210 ore Vere al) 2a me) iso sateen) od ion ee 7k! al el el aon ia oe) sa) 076) 010) 079). (208) 2h eo) es tes) sl) or G 506 495 603 523 980 553 1058 953 1195 258 699 12 4 24 20 G Ho 434 4660 446-279 485249 227 S49 972782 42k 1H I 441 349 199 249 520 432 574 250 247 420 362 19 6 2 10 I 3 534 695 6.73 185 1437 4.35 «415402476 1307 6d 28 20H 1B Goo 1 OD ee eo A ee oo 8 Ty irene seri zsa)) ee sec) aay no teen ore sit ota cee ot el Return on Equity (%) ROE scores are based on a 15% oF 15 polnt weighting. Bold numbers Indicate achievement of the Investor expected ROE shown Below each yearly column head. Best-nIndusty perormars eam a lop score, ana scores of olmer companies are percentage ofthe inaustyseading ROE perfomance. Game-To-Date scores aro bated on a weighted average ofthe annval ROE pertrmances M1 viz Vis Ya IS —Y4S—Y17_—«Y48=«OY49.«Y20. Wgt.Avg, _Y20Scoro (50 150159) 5H 1501595 OEM 15 5 _ Gs EE. A 16 177 59 110 98 101 185 33 198 43 120 19 8 16 14 A B ii 91 12 39 47 25 13 168 63 125 68 7 7 9 8 B © 189 119 82 20 196 60 108 98 101 15 66 2 9 98 8 © D 16S 124 56 101 125 74 124 M42 438 339 45 24 20 6 5 D tee 07) 07 tie) 101 os) a0 200) as 10, tie oh 1c) el F 455 101 26 234 57 07 81 196 M4 107 37 13 6 5 4 F G ms 26 229 166 26 128 202 14 175 38 172 § 2 2 20 G Hoo258 732 178 «1071630 BD 72 189A] I 254 151 84 92 473 130 166 65 64 103 122 1 6 1 4 I a} ea0a21 | 031 abel 209) 302). i0a)e1 001 21 ee z0e) | atese | 2d aia aie 19) Ki) 001 oe) eel (Ui) 0s) (70: 103] 6a) 008 i) aa ae 2) eel clk Dy eae sepa) cee ies) sy eo) 70 eee ao) a cee ot al Stock Price (S per share) ‘Slack Price scores are based on a 20% or 20 point welghting. Bold numbers indiate achievement ofthe nvestor-expected stock pe ‘shown below each yearly column head. Best--Industry performers eam a lop score, and scores of other companies are a percentage ‘af the industy-eading perormance, Game-To-Date scores afo based solely on the mast recant years stock pie Yn viz Yis Ya Vis Vis Yt7.—oYt8. Ya. Ya0 ‘Yao Score 9290) (2426) 2078 (925 (4200) (44.26) 4025) UBT 12 (59.50) Te. A 2080 46.60 2637 2363 2068 27.24 67.66 92.00 49.39 62.65 20 a B 3074 1741 2112 1271 903 583 3155 1794 2448 43.99 6 B © 4407 2381 1568 895 554 4.75 15:33 2422 2422 45.74 7 c D 3145 22.09 1304 798 486 512 909 3942 e464 58.00 a D E S140 2587 2609 1453 27.05 2392 3579 4460 6272 44.59 7 E F 2585 1520 915 6.08 607 475 13.78 2798 3081 27.78 10 F G 9418 74.99 96,75 63.64 172.29 69.23 14849 10762 192.10 77.78 24 6 Ho 9337 a4 55.07 2825 5265 27.28 1597 S718 166.28 149.27 24 4 T8283 3654 1942 25.19 8066 5560 7719 3505 26.55 51.97 19 I 3 98.96 101.38 10832 43.70 15335 61.80 4288 44.52 50.54 151.95 2 3 K 1679 1407 9636.34 1843 18.03 2858 1524 938845 2 « L882 3638 2669 1965 6135 S348 71.30 3309 1848 1140 4 L Footwear Industry Report Copyright © GLO-BUS Sofware, Ine. Page 2 about 38ara2015 INDUSTRY 7 COMPANY PERFORMANCE OVERVIEW YEAR 20 Earnings Per Share (5) EPS scores are based on @ 20% of 20 polnt weighting. Gold numbers indicate achievement of the Investor expected EPS shown | Below each yearly colunn head. Ses-n-Industy perormars eam a lop score, ana scores af ofmer companies ae percentage ofthe industyseading EPS performance. Game-To-Date scores are based on a weignled average ofthe annual EPS performances, Yi viz Yi3 Yi@ YISYI6Y17.—«Y18_—OY19.«—-Y20.Wgt.Avg. _Y20Score G-F-D Score 87 285) 3.05) G28) G4 08) 8) AOD az) 4) GSH) TE BET TE. ert A 256 148 -229°«223°«251 6441011828821 B 265 209 069 401 055 289 042 170 314 149 14 5 8 4 B can 462 040 251 098 170 171 188 324 120 18 58 7 3 € D 273 225 1.16 201 225-820 104 270 S80 298 08 18 6 4 2 D i ete 20) eee (eo al) 20 ee isso Saale) ed ion tee! 7! el Gl Ie aos ial 0a) se) 076) 01019) (20s) 2h reo) es tes) ol a) or G 506 495 603 5.23 980 553 1055 953 1195 253 699 12 4 24 20 G Ho434 466 4460-279 465249 «227 649 972782 Ame eH I 441 349 199 249 520 432 574 250 247 420 362 19 6 2 10 I J 534 595 6.73185 1437 4.35 «415462476 (1307 6428 20 1B Kk 077 158 118 020 483 170 243 140 000 077 099 3 1 5 3 K trams sere isan) eet eee) aay er oer Vor se at ee ioe) Return on Equity (%) ROE scores are based on a 15% oF 15 polnt weighting, Bold numbers Indicate achievement of the Investor expected ROE shown Below each yearly column head. Best-n-lndusty perormars eam a lop score, ana scores of olner companies are percentage ofthe inaustiyseading ROE performance. Game-To-Date scores ao baed on a weighted average ofthe anmwal ROE pertarmances. viz. vis Ya Vis YisY17_—Y18—«Y19.—«-Y20.Wgt.Avg. _Y20Score (59) (80591156) 189) (1805) 1S) (180) ED) EE 166 177 «59 110 98 103 185 33 198 43 120 19 8 16 14 A wa et 0233? BSS TT 9 119-82 20-36-8008 8801 8B 165 124 56 101 126 474 «124 3 BDSM] iO) | iiivee tio) Moe nels 10 isol ia0]| | ee ios | oes iol 8 a 01 28 234 57 07 81 138 4a 10737 BB ms 25 29 166 256 128 202 164 175 38 172 § 2 2) 20 G we 22 178 107 163 80 72 18 m9 174 149 21 10 20 7 H 24 184 84 92 73 130 16 55 64 103 122 1% 6 6 4 T ise) | 203220) 2 05) 1020 102 160: | 02a 60) come: fealee 2) (2) aie: ole G01 oe feel (Ui) 0s) (70 003] 6a) oe si a ae 2) ae) clk fetal ieee Aa) eG este car eel ro) ae ag see ee an) rrenzoanmone> Stock Price (S per share) ‘Slock Pres scores are based on a 20% 0°20 point weighing. Bold numbers indicate achievement of the Investorexpected stock pice ‘shown below each yearly column head. Best--Industry performers eam a lop score, and scores of other companies are a percentage ‘af the industy-eading perormance, Gamo-To-Date scores aro based solely the mast recant years stock pie vi viz vis va vie vie vir vis Yio 20 ‘Yao Score 9200) (2425) 2075 (925 4290 4425) 4026 OTH 12) (69.50) Te. A 2080 46.60 2637 2363 2068 27.24 67.66 32.00 49.39 63.65 20 a B 3074 1741 2112 1271 9035.83 3155 1794 2448 43.99 6 B © 4407 2381 1562 895 554 475 1533 2422 2422 45.74 7 c D 3148 22.09 1304 798 486 512 9.09 3942 e464 58.00 a > E 6140 2587 2609 1453 27.05 2392 35.79 4465 62.72 44.59 7 E F 2585 1520 9.15 6.08 507 475 13.78 2798 3081 27.78 10 F G 9415 74.99 96.75 63.64 172.29 69,23 14849 10762 192.10 77.78 24 6 Ho 9337 e486 55.07 2825 5265 27.28 15.97 S718 166.28 149.27 24 4 T8283 3654 1942 2519 90.66 55.60 77.19 3505 26.55 51.37 19 I 3 9896 10138 10832 43.70 15335 6180 4258 44.52 50.54 151.95, 2 3 K 1679 1407 963634 1843 18.03 2858 1524 938845, 2 3 L852 3638 2669 1965 6135 S348 71.30 3309 1848 1140 4 L Footwear Industry Report Copyright © GLO-BUS Sofware, Ine. Page 2 about 48ara2015 INDUSTRY 7 FOOTWEAR INDUSTRY OVERVIEW YEAR 20 [Matorats Prices non neg —waGge pMlialon "Sn os l Sipotoruerae ae NS th ae [Footwear Production tomy Totat Year 20 Production ;otatpam) Pare ete 20 Production scotstpam) Superior Materials Usage Capacity Utilization aarces «rate ned © Oven serge eect roma aioe tare > suse nn 323 pin ton 6 Pv ateton dawn 102 pant fon 18 [Branded Warehouses inawiyicias)glufin Rajbn Reon Rejlin Redline Notes l Ending Y19 Inventories gontpen) 4877 8504 5552 -5,199 21,028 Umtsanton v8 ess Pale Cleared. penny chose) ‘aoe _“asr {i764 75.520. Binge ety deve Beginning ¥20 Inventories az A017 3429 S608 Pernt ten 2aamgoerahy ius New Pairs Produced In Y20 28018 15318 2041 _B2047 hewitt oped ta eis Pair Avalabe for Salen Year 20 2 21395 ZBETO “BEGSS Sehloerbwt 20 derae NA E- LA. Ail [Branded Demand & Sales (asin) yuaet martot ake mote Notes Projected ¥20 Demand coe stat 25.008 27.192 24765 109205 rompamectrn meen ss 3820 roe 25342 104.240, B so seamen ae an pe Branded Pate Sold were snes) 25.068 19544 21,590 60050 Saray oe ® Mens No. of Companies Unable to FIMAN|Ordore = 4 tt 12 mmaneg_f Som eet cnn United Orders eexcignsontcthenanmped 817.807 ara “woo { So Sk ory , NA Ex Tk [Demand Forecast ania gy wa whe Noles l Branded Demand Yoar2t 27299 28,990 29,06 109-436 Sb ems 7105 beet ets we Yeara2 bo a0 20.258 2aars 11404 SiMe cot ghar RES Yara) 20527 S028, Snot zosss hepa soa Schaef Private-Labol Demand ses2 88 ses 22058 Seso 5.588 ses 22658 HE OM Me Sct deny Ses 5.888 Ses 2205s lavas [ Potential Y21 Footwear Supply _ Expected Y21 Footwear Demand ‘Supply / Demand Analysis, l Beginning ¥21 Inventory 4009 Branded Demand Forecast 10949 Tm_nisy, & uct, mhon Potentla| Production ron 119,040. Prvate-Label Forecast 22888 Potentia Global Supply 128.043 Potential Global Demand 432.092 Plant Capacity os ot psn ot otvton apacty et kin cota) New Con- tuction Ccapacty Boginning Voar20___ Capacity Purehssed (Sold) Capacity Avaliable for 20 Production ‘nated NA EAS AP LAT ONAN EA AP LAT CNA EA AP LA. Tota a 0” 0 54100 4500 ~~~ ~~ 0 SSS. 100 4.500 9.600 oo B00 = agp 00D 000 ° 8 ¢ 0 0 2000 180 oO 0 9 o 9 0 2000 1809 3500 o ¢ > 0 0 440 "0 00 ob E 3100 06000 1,500 3100 «1500 ©) 8000-9 000 oe F 0 0 4300 2300 0 499 «99 9 ~~ 4800 2.000 8.000 °F s 0 0 9500 5500 0 0 9 9 9 0 9800 530 15000 ° 6 4 © 0 6300 2800 0 +3000 «9 «= «9 3.000 6300 2.800 12,100 he r © 6 4000 2000 «890 0 «60 «68S 4000 2.000 8.000 oof 3 © 0 12000 2000 =o «20 «= oS 12.000 8.000 15,000 ° 3 2000 0 5000 1.500 -2000 9 0 9 9 9 5000 1.500 6.500 ° k t ° 0 4000 550 0 0 0 9 9 0 4000 5800 9500 oot 6100 0 86,600 30.100 5,100 9.000 0 -1,800 1.000 3.000 86.600 78,600 99.200 ° Footwear Industy Report CCopyigh © GLO-2US Software, ne Pages about 58ara2015 INDUSTRY 7 FOOTWEAR INDUSTRY OVERVIEW YEAR 20 [Materias Prices coon Rica “WON EE TBR Noes l stn att oo aan Onn 938 re pagimaeay ogg an un te ‘Superior Materials: 12.00 1.63, 9.00 10.37 atanme pes tt wore 544% abow the Ques: Capacty utes ae zx [Footwear Production caaniam A, ER. vhfe vie oo l [Branded Warehouses tramivicst) gion pion Raion RG Redline Notes| l Beginning ¥20 Inventories S017 6.606 Inareda tar Co pray Plus New Pairs Produced in Y20 15318 82.047, B New v20 pean ope or oe Pairs Availabe for Sale in Year 20 21.305 98.659 S+howetan V0 dena NA AP [Branded Demand & Sales (nis) ySaot Manet Market Wet Mahot Notes: Projected Y20 Demand psn) 25,008 27.132 25,300 24,765 103205. romosesalrmtrven® ‘Actual Year 20 Demand 28.249 271048 251608 25/342 104.248 Aare! anand we 108 Har Mang Branded Pairs Sold gone + wholesae) 26,069 19,544 22,438 21,598 83,650 feitversanay. ne OM No, of Companies Unabie to Fit All Ordrs ea 0 12 retmanng_f Som ce ncn United Ordors coosconis atest nsitnge) 181 7.807.—««3.170 «3.744 14.602 SSeS Sonpones : NAA AP LA al [Demand Forecast (inst cas anette tua tana eee Notes l Branded Demand Yoar2 27 299 28,130 27,144 26,853 109436 hel seme fo. 714015 ete ‘rene wir Yoar22 28391 29.285 28773-28475 114.004 SEMA A Sli goa ea Year23 20527 30425 30,400 30,184 120.535 fhepaeses ge chan rahe ane Paivate-Labol Demand 5652 5.688 5664 5.652 22.656 aoe wie int Suara arors 5652 5,688 5.864 «5652 (22.656 enh sapere ely 508 5.808 S864 5852 22.656 nem [Potential ¥21 Footwear Supply Expected ¥21 Footwear Demand ‘Supply / Demand Anavysis| l Beginning ¥21 inventory 9,003 Branded Demand Forecast 109.495 ‘Tie_rasiy,» onncparot, Mew. ae, ay Potential Production on 118.040 —_—Prvate-Label Forecast, 22,658, eS sgy tad tas Na Gey Sekt Potential Global Supply 128,043 Potential Global Demand 132,092 mnt aa Plant Capacity eos or pam stot apecy rn ons) Now con- ‘Capacity Beginning Year20___ Capacity Purchased (Sold) Capacity Avalable for Y20 Production Initiated NAW EA AP LA NAD GA AP LAT ONAL EA AP LA, Total IMY20_ a 00 5,100 4.500 rr rr 0-0 5.100. 4500 9600 oon B 1000 0 4000 | 0 0 9 9 9 1000 0 $000 ” 0 5.000 o 8 c 0 0 2.000 1,800 o 0 9 0 0 © 2000 1.800 3500 o ¢ > 0 0 4400 0 o 0 0 oO 0 0 4400 0 4400 oD E 3400 0 6.000 1,500 -3,100 0 ~1,500 © 0 6000 9 6000 og F 0 0 4300 2300 o 0 90 0 © 0 4300 2300 6.600 oF 6 0 0 9500 5.800 o 0 9 0 © 0 9800 5500 15.000 o 6 H © 0 6.300 2,600, 043000 9 0 © 3000 6300 2800 12,100 oH 1 0 0 4000 2.000 o 0 0 0 © © 4000 2000 5.000 oo1 3 0 0 12.000 3.000 o 0 9 0 © 0 12000 3.000 15,000, o 3 « 2000 6 5000 1500-2000 0 9 0 © 0 5000 1.500 5.500 ok L 0 0 4000 5.500 6 G0 6 Oo © 0 4000 5.500 9.500 of 6.400 0 85,600 0,100 5.109 3.000 a 1,800 3.000 3.000 68,800 28.600 99,200 ° Footwear Industry Report Ccopyight © GLO-BUS Software, ne Page 4 about 68ara2015 INDUSTRY 7 FOOTWEAR INDUSTRY OVERVIEW YEAR 20 [Materiats Prices «iran Biz “waessge Cap lizalon “Baca” Notes l Standard Mates 6001328000 8.28 etn al ay gue me et Superior Matrae vo 63a toar aah a tar PR ey WA exp Eka [Footwear Production (osaiytase) py pERe pte plate rile Nats | Total Year 20 Production gon a 4200 2474 68610 34310. 107504 Tsodn pater nce Suporor Matras Usage ©00% 180% 47% 7aH 2288 Pammenminsyemnnvd Capacky Uiliealonases-yinwson 120038 118 TORO 1200 10885 Pmcaahmomn tpnn ton [Branded Warehouses tramivicss) gin pion Rajon Ron Redlne Notes l ens Pars Chae eyo fae “aay 3320, B Mtapsay ne 238 NA iz Ai [Branded Demand & Sales (snes) yao Market Malet Notes: Branded Pairs Sold grieve + wholesae) 26,068 19,544 89,650 meena. eet Novof Companies UrabietoFMAllOndom 41 stones {Serna ee Unfilied Ordors o0ect pats oered tinstehoped) 1817.50 14.602 Satine sist ne tng i NA ER RP [Demand Forecast wanyiow A, waka wAka abit wba Nats | Branded Demand 27288 28,130 27,144 26,863 109,436 bel uma fy 135115 boxe 28391 29.255 28,773 28,475 114,894 Shotr'ts-T% annunt gown sug Yas 20527 30,425 30.409 30.184 120,835 jhe pecs gw ace we re 5652 5.688 5.684 5.652 22.658 pays af i Phe Sate, a era Private-Label Demand 5.652 5,688 5,664 5,652 22,656 UNM Catan" separa racy 588 5.688 S864 5852 22.858 eae [Potential ¥21 Footwear Supply Expected Y21 Footwear Demand ‘Supply / Demand Analysis, 1 Beginning ¥21 inventory 9,003 Branded Demand Forecast 109.498 "eras, onan, ham ae, ay Potential Production wnor) 119,040 _—Private-Label Forecast 22.655 Sera ses and rel Soe by Sain ow Sopacly Potential Global Supply 128,043, Potential Global Doman 132,092 *Pushaha each, Plant Capacity pox orp ot pussion casey nti en) capacity Beginning Year20_ Capacity Purchased (Sold) Capacity Avallable for 20 Production NAR E ADAP meLAss! GN Acca PAterA Pea Aw |aNA ame Ate A Porm AenTofal a 0 0 5,100 4.500 eae oaerosea 00 5,100. 4.500. 9,600 cen B 110000 4000 0 9 9 9 1000 0 4000 9 5000 o 8 c 0 0 2.000 1,500 oe 0) 0 © 0 2000 1,500 3.500 ao 6 > 0 0 4400 0 o o 09 0 0 0 4400 © 0 4400 o oD — 3100 0 6.000 1500-300 9) -1,500, 0 0 8000 0 6000 o F 0 0 4:30 2:30 0 o 09 0 0 0 4300 2300 6600 oF 6 0 0 9500 §.500 0 o 9 oO © 0 9500 5.500 15,000 o 6 4 © 0 6,300 2,800 043000 29 0 © 3.000 6309 2.800 12,100 ar) 1 0 0 4.000 2,000 Opec) oe 0 0 4000 2.000 6,000 cr 3 0 0 12.000 3,000 o o 9 0 0 0 12.000 3.000 15,000 o 3 IK} 2000] = (06,000) 11500) 2.000)! 10] (01 60) © 0 5000 1,500 6500 ol oan L © 0 4.000 5.500 0 o 9 0 © 0 4000 5.500 9.500 oot 5100 0 66,600 30,100 5,100 3,000 0 -1,500 1,000 3.000 68,600 26.800 99.200 o Footwear Industry Report Copyright © GLO-BUS Software, Ine. Page 4 about 78ara2015 InpusTRY 7 CELEBRITY ENDORSEMENTS AND INDUSTRY TRENDS YEAR 20 Celebrity Endorsements ‘Consumer Appeal Curety ——Cortract.__Year_— Contact. Most Recent Round of Bing Cobbriy NA EA AP LA __SignodBy __—“SGutuest_ Sued Length, Biors High Bd andBid_ Avg Bid Low Bid Roger Federer 854535 40 GUNDALA—«21,100.««YI9.-—««2years.~—«S~—«—«21.100 16,001 13405 | 5,555 Mare Sharapova 100 70 65 75 BOLTZCop. «20000 Y20.«Syeare «3 «20/000 5.222 11007 500 Cretano Ronaklo "70.100 70 55 © FLAMEPro. «36,500 Vi8_Syears, «7 © 16,800 15,500 12623 6.235, “ger Green 25°80 85 75 ChaussuEMateS 20211 Y20 years, «3 «20.21 19009 13.240 "500 doce Montana «S050 60 95 ChoussurEMateS 20.222 Yi8Syears © «8 «(20.222 17.125 12680 1.290 Het Lin 55 60 95 90 LKEAR 47007 Y204years «217.007 18,001 18.504 16,001 Michael Jordan 60-90 50 85 unsigned) 0 NA tyeas 0 oo OO Danica Sebastian 70 85 55 60 GUNDALA «23,100 YI. years «5S (23,100 18,128 14625 5.555 Sebastian Gonzales 75 60 95 50 KOMODO "4,250 Vi7_ years, «915.500 14.260 11.529 5,005, ety Pery 45 85 60 100 ChaussuE Mates 10,129 VID years, «8 «22.100 10123 14.097 S565 igo Chaves 80.85.7570. lunsigned) 0 NA Syears 15000 "0 18000. 18,000 Bruno Mars 60 35100 50 © LIKEAIR 17500 Yi8 4years 847-500 16,750 13.185 "8.855 Branded Price and S/Q Rating Trends NORTH AMERICA EUROPE-AFRICA ASIA-PACIFIC LATIN AMERICA Footwear Industry Report Ccopytight © GLO-2US Software, ne Page 7 about a8