ADR Program

U.S.A. Phone: +1 212 250 9100<br/> UK Phone: +44 207 547 6500<br/> E-mail: adr@db.com<br/> Website: www.adr.db.com

Deutsche Bank Shareholder Services
6201 15th Avenue
Brooklyn, NY 11219
Email: db@astfinancial.com
Toll-free number: +1 800 937 5449
Direct dial: +1 718 921 8124
Website: www.astfinancial.com

An ADR is a tradable, U.S. Dollar-denominated certificate documenting the ownership of shares in a non-U.S. company. ADRs were specifically created to make it easier for U.S. investors to purchase, hold and sell non-U.S. securities. Those holding ADRs receive their dividend payments in US dollars.

The ADR ratio is the ratio of the number of ADRs to the number of underlying shares. Five HUGO BOSS ADRs correspond to one HUGO BOSS share, which means that the ADR ratio is 5:1.

Purchasing ADRs provides U.S. investors with an advantage over buying shares on the issuer's home market in that ADRs are traded, transacted and settled in accordance with U.S. market practices and are denominated in U.S. dollars.

The HUGO BOSS ADRs trade on the over-the-counter market in the United States.

Trade information and historic price information on the HUGO BOSS ADRs are available on the Deutsche Bank website: www.adr.db.com

Shares must be converted into ADRs by a broker, an investment adviser or the Deutsche Bank Trust Companies Americas. You can reach the Deutsche Bank Broker Service Desk at +1 212 250 9100 or +44 207 547 6500.

Information on dividends can be found on this page.

You can have your dividend transferred directly to your bank account in full or in part. To ensure that you can use this option, your bank or credit financial institution must be connected to the Automated Clearing House (ACH). If you are interested in this option, please contact Deutsche Bank:

Deutsche Bank Shareholder Services<br/> 6201 15th Avenue<br/> Brooklyn, NY 11219<br/> E-mail: db@astfinancial.com<br/> Toll-free number: +1 800 937 5449<br/> Direct dial: +1 718 921 8124

You can request a replacement for a lost dividend check by getting in touch with Deutsche Bank Shareholder Services over the phone. Once you have given the corresponding approval, the original check is voided and a replacement check is issued to you. Please keep your social security number available during the phone call.

Dividends are paid in U.S. dollars and are to be taxed in exactly the same way as dividends on U.S. shares. The dividend from HUGO BOSS is subject to a withholding tax in the amount of 26.375 % of the gross amount. In accordance with the provisions of the agreement to avoid double taxation between the U.S. and Germany, authorized ADR holders may request 11.375% back, thereby reducing the withholding tax imposed on them to 15%. According to the aforementioned agreement, the ADR holders must be located in the U.S. in order to be eligible to receive a reimbursement. We advise you to contact your broker or tax adviser to receive more information and, where applicable, valid U.S. tax forms.