<SEC-DOCUMENT>0000902664-15-002713.txt : 20150601
<SEC-HEADER>0000902664-15-002713.hdr.sgml : 20150601
<ACCEPTANCE-DATETIME>20150601160949
ACCESSION NUMBER:		0000902664-15-002713
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20141231
</ITEM>
<ITEM>
<ITEM-NUMBER>1.02
<ITEM-PERIOD>20141231
</ITEM>
</RULE>
FILED AS OF DATE:		20150601
DATE AS OF CHANGE:		20150601

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Michael Kors Holdings Ltd
		CENTRAL INDEX KEY:			0001530721
		STANDARD INDUSTRIAL CLASSIFICATION:	LEATHER & LEATHER PRODUCTS [3100]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0328

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35368
		FILM NUMBER:		15903479

	BUSINESS ADDRESS:	
		STREET 1:		33 KINGSWAY
		CITY:			LONDON
		STATE:			X0
		ZIP:			WC2B 6UF
		BUSINESS PHONE:		44 79 6437 8613

	MAIL ADDRESS:	
		STREET 1:		33 KINGSWAY
		CITY:			LONDON
		STATE:			X0
		ZIP:			WC2B 6UF
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>p15-1387formsd.htm
<DESCRIPTION>MICHAEL KORS HOLDINGS LIMITED
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0; text-align: center"><B>United States</B></P>

<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0; text-align: center"><B>Securities and Exchange Commission</B></P>

<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin-top: 0.8pt; text-align: center; margin-bottom: 0.25in"><B>&#9;Washington, D.C. 20549&#9;</B></P>

<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0; text-align: center"><B>FORM SD</B></P>

<P STYLE="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 12pt; text-align: center"><B>SPECIALIZED DISCLOSURE REPORT</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-top: 0.8pt; font: 12pt/115% Calibri, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Michael Kors Holdings Limited</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 0.8pt; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">(Exact name of registrant as specified in its charter)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 38%; padding-top: 0.55pt; font: 12pt/115% Calibri, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>British Virgin Islands</B></FONT></TD>
    <TD STYLE="width: 29%; padding-top: 0.55pt; font: 12pt/115% Calibri, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>001-35368</B></FONT></TD>
    <TD STYLE="width: 33%; padding-top: 0.55pt; font: 12pt/115% Calibri, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>N/A</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 0.55pt; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">(State or other jurisdiction of incorporation or organization)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: center">(Commission</P>
        <P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: center">File Number)</P></TD>
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 0.55pt; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">(IRS Employer Identification No.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 0.6pt 0 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 0.6pt 0 0; text-align: center"><B>33 Kingsway </B></P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 0.6pt 0 0; text-align: center"><B>London, United Kingdom </B></P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 0.6pt 0 0; text-align: center"><B>WC2B 6UF</B></P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0">&nbsp;</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: center"><B>N/A</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 6pt; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">(Address of principal executive offices)</FONT></TD>
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 6pt; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">(Zip Code)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-top: 6pt; font: 12pt/115% Calibri, Helvetica, Sans-Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: center"><B>Lee S. Sporn</B></P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: center"><B>Senior Vice President, Business
        Affairs and General Counsel</B></P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: center; text-indent: 0.5in"><B>(212) 201-8300</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: center">(Name and telephone number, including
        area code, of the</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: center">person to contact in connection with
        this report.)</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt/13pt Arial, Helvetica, Sans-Serif; margin: 0.8pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 12.2pt 0 7pt">Check the appropriate box to indicate the<FONT STYLE="letter-spacing: -0.05pt">
r</FONT>ule<FONT STYLE="letter-spacing: -0.05pt"> </FONT>pu<FONT STYLE="letter-spacing: -0.05pt">r</FONT><FONT STYLE="letter-spacing: 0.15pt">s</FONT>u<FONT STYLE="letter-spacing: -0.05pt">a</FONT>nt
to whi<FONT STYLE="letter-spacing: -0.05pt">c</FONT>h this <FONT STYLE="letter-spacing: -0.05pt">f</FONT>o<FONT STYLE="letter-spacing: -0.05pt">r</FONT>m
is b<FONT STYLE="letter-spacing: -0.05pt">e</FONT>ing<FONT STYLE="letter-spacing: -0.1pt"> </FONT><FONT STYLE="letter-spacing: -0.05pt">f</FONT>il<FONT STYLE="letter-spacing: -0.05pt">e</FONT>d,
<FONT STYLE="letter-spacing: -0.05pt">a</FONT>nd provide the<FONT STYLE="letter-spacing: -0.05pt"> </FONT>p<FONT STYLE="letter-spacing: 0.05pt">e</FONT><FONT STYLE="letter-spacing: -0.05pt">r</FONT>iod
to whi<FONT STYLE="letter-spacing: -0.05pt">c</FONT>h the<FONT STYLE="letter-spacing: -0.05pt"> </FONT>in<FONT STYLE="letter-spacing: -0.05pt">f</FONT>o<FONT STYLE="letter-spacing: -0.05pt">r</FONT>m<FONT STYLE="letter-spacing: -0.05pt">a</FONT>tion
in<FONT STYLE="letter-spacing: 0.1pt"> </FONT>this <FONT STYLE="letter-spacing: -0.05pt">f</FONT>o<FONT STYLE="letter-spacing: -0.05pt">r</FONT>m
<FONT STYLE="letter-spacing: -0.05pt">a</FONT>ppli<FONT STYLE="letter-spacing: -0.05pt">e</FONT>s:</P>

<P STYLE="font: 12pt/12pt Arial, Helvetica, Sans-Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt/13.55pt Arial, Helvetica, Sans-Serif; margin: 1.45pt 0 0; text-indent: 9pt"><FONT STYLE="letter-spacing: 0.05pt"><U>&nbsp;X&nbsp;
</U>&nbsp;&nbsp;&nbsp;&nbsp;R</FONT>ule<FONT STYLE="letter-spacing: -0.05pt"> </FONT>13p<FONT STYLE="letter-spacing: -0.05pt">-</FONT>1
und<FONT STYLE="letter-spacing: -0.05pt">e</FONT>r<FONT STYLE="letter-spacing: -0.05pt"> </FONT>the<FONT STYLE="letter-spacing: -0.05pt">
</FONT><FONT STYLE="letter-spacing: 0.05pt">S</FONT><FONT STYLE="letter-spacing: -0.05pt">e</FONT><FONT STYLE="letter-spacing: 0.05pt">c</FONT>u<FONT STYLE="letter-spacing: -0.05pt">r</FONT>iti<FONT STYLE="letter-spacing: -0.05pt">e</FONT>s
E<FONT STYLE="letter-spacing: 0.1pt">x</FONT><FONT STYLE="letter-spacing: -0.05pt">c</FONT>h<FONT STYLE="letter-spacing: -0.05pt">a</FONT>n<FONT STYLE="letter-spacing: -0.1pt">g</FONT>e
<FONT STYLE="letter-spacing: 0.1pt">A</FONT><FONT STYLE="letter-spacing: -0.05pt">c</FONT>t <FONT STYLE="letter-spacing: -0.05pt">(</FONT>17
<FONT STYLE="letter-spacing: 0.05pt">C</FONT><FONT STYLE="letter-spacing: -0.05pt">F</FONT>R<FONT STYLE="letter-spacing: 0.05pt">
</FONT>240.13p<FONT STYLE="letter-spacing: -0.05pt">-</FONT>1)<FONT STYLE="letter-spacing: -0.05pt"> f</FONT>or<FONT STYLE="letter-spacing: -0.05pt">
</FONT>the</P>

<P STYLE="font: 12pt/13.55pt Arial, Helvetica, Sans-Serif; margin: 0.25pt 0 0 0.5in"><FONT STYLE="letter-spacing: -0.05pt">re</FONT>po<FONT STYLE="letter-spacing: -0.05pt">r</FONT>ti<FONT STYLE="letter-spacing: 0.1pt">n</FONT>g<FONT STYLE="letter-spacing: -0.1pt">
</FONT>p<FONT STYLE="letter-spacing: -0.05pt">er</FONT>iod <FONT STYLE="letter-spacing: 0.1pt">f</FONT><FONT STYLE="letter-spacing: -0.05pt">r</FONT>om
<FONT STYLE="letter-spacing: 0.15pt">J</FONT><FONT STYLE="letter-spacing: -0.05pt">a</FONT>nu<FONT STYLE="letter-spacing: -0.05pt">a</FONT><FONT STYLE="letter-spacing: 0.2pt">r</FONT>y<FONT STYLE="letter-spacing: -0.25pt">
</FONT>1 to D<FONT STYLE="letter-spacing: 0.05pt">e</FONT><FONT STYLE="letter-spacing: -0.05pt">ce</FONT>mb<FONT STYLE="letter-spacing: -0.05pt">e</FONT>r<FONT STYLE="letter-spacing: -0.05pt">
</FONT>31, 2014.</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt/200% Arial, Helvetica, Sans-Serif; margin: 0.75pt 70.45pt 0 6pt; text-indent: 69.25pt"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/200% Arial, Helvetica, Sans-Serif; margin: 0.75pt 70.45pt 0 0; text-align: justify"><B>Section 1 &ndash; Co<FONT STYLE="letter-spacing: 0.05pt">n</FONT><FONT STYLE="letter-spacing: 0.1pt">f</FONT>li<FONT STYLE="letter-spacing: -0.05pt">c</FONT>t<FONT STYLE="letter-spacing: -0.05pt">
M</FONT>i<FONT STYLE="letter-spacing: 0.05pt">n</FONT><FONT STYLE="letter-spacing: -0.05pt">er</FONT>als Dis<FONT STYLE="letter-spacing: -0.05pt">c</FONT>los<FONT STYLE="letter-spacing: 0.05pt">u</FONT><FONT STYLE="letter-spacing: -0.05pt">re</FONT></B></P>

<P STYLE="font: 12pt/200% Arial, Helvetica, Sans-Serif; margin: 0.75pt 70.45pt 0 0; text-align: justify"><FONT STYLE="letter-spacing: -0.05pt"><B>Item
1.01 Conflict Minerals Disclosure and Report</B></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.05pt">As
required by Rule 13p-1 under the Securities Exchange Act of 1934, as amended, and Form SD, a </FONT><FONT STYLE="letter-spacing: 0.05pt">C</FONT>on<FONT STYLE="letter-spacing: -0.05pt">f</FONT>li<FONT STYLE="letter-spacing: -0.05pt">c</FONT>t
Min<FONT STYLE="letter-spacing: -0.05pt">era</FONT>ls<FONT STYLE="letter-spacing: 0.15pt"> </FONT><FONT STYLE="letter-spacing: 0.05pt">R</FONT><FONT STYLE="letter-spacing: -0.05pt">e</FONT>po<FONT STYLE="letter-spacing: -0.05pt">r</FONT>t
is provided as an exhibit to this Form SD and is available on the Investors page <FONT STYLE="letter-spacing: -0.05pt">of our </FONT><FONT STYLE="letter-spacing: -0.3pt">I</FONT>nt<FONT STYLE="letter-spacing: -0.05pt">er</FONT>n<FONT STYLE="letter-spacing: -0.05pt">e</FONT>t
<FONT STYLE="letter-spacing: 0.1pt">w</FONT><FONT STYLE="letter-spacing: -0.05pt">e</FONT>bsite at: http://www.michaelkors.com.</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The information contained on our website
is not incorporated by reference into this Form SD or our Conflict Minerals Report and should not be considered part of this Form
SD or the Conflict Minerals Report.</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><B>Item 1.02 Exhibit</B></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Conflict Minerals Report required
by Item 1.01 is filed as Exhibit 1.01 to this Form SD.</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 12pt; text-align: justify"><B>Section 2 &ndash; Exhibits</B></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0; text-align: justify"><B>Item 2.01 Exhibits</B></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Exhibit 1.01 &ndash; Conflict Minerals
Report for the calendar year ended December 31, 2014.</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">-1-</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 3.8pt 178.15pt 0 180.1pt; text-align: center"><FONT STYLE="letter-spacing: 0.05pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin-top: 3.8pt; margin-bottom: 0; text-align: center"><FONT STYLE="letter-spacing: 0.05pt"><B>S</B></FONT><B>I<FONT STYLE="letter-spacing: -0.1pt">G</FONT>NA<FONT STYLE="letter-spacing: 0.05pt">T</FONT>UR<FONT STYLE="letter-spacing: 0.05pt">E</FONT>S</B></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 3.8pt 178.15pt 0 180.1pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 15.95pt 0 0; text-align: justify"><FONT STYLE="letter-spacing: 0.05pt">P</FONT>u<FONT STYLE="letter-spacing: -0.05pt">r</FONT>su<FONT STYLE="letter-spacing: -0.05pt">a</FONT>nt
to the<FONT STYLE="letter-spacing: -0.05pt"> re</FONT>qui<FONT STYLE="letter-spacing: -0.05pt">re</FONT><FONT STYLE="letter-spacing: 0.15pt">m</FONT><FONT STYLE="letter-spacing: -0.05pt">e</FONT>nts
of<FONT STYLE="letter-spacing: -0.05pt"> </FONT>the<FONT STYLE="letter-spacing: -0.05pt"> </FONT><FONT STYLE="letter-spacing: 0.05pt">S</FONT><FONT STYLE="letter-spacing: -0.05pt">ec</FONT>u<FONT STYLE="letter-spacing: -0.05pt">r</FONT>iti<FONT STYLE="letter-spacing: -0.05pt">e</FONT>s
E<FONT STYLE="letter-spacing: 0.1pt">x</FONT><FONT STYLE="letter-spacing: -0.05pt">c</FONT>h<FONT STYLE="letter-spacing: -0.05pt">a</FONT>nge<FONT STYLE="letter-spacing: -0.05pt">
</FONT>A<FONT STYLE="letter-spacing: -0.05pt">c</FONT>t of<FONT STYLE="letter-spacing: 0.1pt"> </FONT>1934, the<FONT STYLE="letter-spacing: -0.05pt">
registrant</FONT> h<FONT STYLE="letter-spacing: -0.05pt">a</FONT>s du<FONT STYLE="letter-spacing: 0.15pt">l</FONT>y<FONT STYLE="letter-spacing: -0.25pt">
</FONT><FONT STYLE="letter-spacing: 0.05pt">c</FONT><FONT STYLE="letter-spacing: -0.05pt">a</FONT>us<FONT STYLE="letter-spacing: -0.05pt">e</FONT>d
this <FONT STYLE="letter-spacing: -0.05pt">re</FONT>po<FONT STYLE="letter-spacing: -0.05pt">r</FONT>t to<FONT STYLE="letter-spacing: 0.1pt">
</FONT>be<FONT STYLE="letter-spacing: -0.05pt"> </FONT>si<FONT STYLE="letter-spacing: -0.1pt">g</FONT>n<FONT STYLE="letter-spacing: 0.05pt">e</FONT>d
on its b<FONT STYLE="letter-spacing: -0.05pt">e</FONT>h<FONT STYLE="letter-spacing: -0.05pt">a</FONT>lf<FONT STYLE="letter-spacing: -0.05pt">
</FONT><FONT STYLE="letter-spacing: 0.1pt">b</FONT>y<FONT STYLE="letter-spacing: -0.1pt"> </FONT>the<FONT STYLE="letter-spacing: -0.05pt">
</FONT>du<FONT STYLE="letter-spacing: 0.25pt">l</FONT>y<FONT STYLE="letter-spacing: -0.25pt"> </FONT><FONT STYLE="letter-spacing: -0.05pt">a</FONT>utho<FONT STYLE="letter-spacing: -0.05pt">r</FONT>i<FONT STYLE="letter-spacing: 0.05pt">z</FONT><FONT STYLE="letter-spacing: -0.05pt">e</FONT>d
un<FONT STYLE="letter-spacing: 0.1pt">d</FONT><FONT STYLE="letter-spacing: -0.05pt">er</FONT>si<FONT STYLE="letter-spacing: -0.1pt">g</FONT><FONT STYLE="letter-spacing: 0.1pt">n</FONT><FONT STYLE="letter-spacing: -0.05pt">e</FONT>d.</P>

<P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-top: 6pt; font: 12pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>MICHAEL KORS HOLDINGS LIMITED</B></FONT></TD>
    <TD STYLE="width: 50%; padding-top: 6pt; font: 12pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: justify">(Registrant)</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 6pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 6pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">By:&nbsp;&nbsp;<U>/s/&nbsp;&nbsp;&nbsp;&nbsp;Joseph
B. Parsons&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 6pt; padding-left: 62.1pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">June 1, 2015</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0 45pt; text-align: justify; text-indent: -45pt">Name: Joseph
        B. Parsons</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: justify">Title: &nbsp;&nbsp;&nbsp;Executive Vice President,
        Chief</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;Financial Officer,
        Chief</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;Operating
Officer and</P>
        <P STYLE="font: 12pt/10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;Treasurer</P></TD>
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 6pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 6pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">-2-</P>

<!-- Field: Page; Sequence: 3; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><B>&nbsp;</B></P>
        <P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><B><U>Exhibit</U></B></P></TD>
    <TD STYLE="width: 89%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><B>&nbsp;</B></P>
        <P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><B><U>Description</U></B></P>
        <P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif">1.01</FONT></TD>
    <TD STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif">Conflict Minerals Report for the calendar year ended December 31, 2014.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; text-align: center; margin-bottom: 10pt">-3-</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; text-align: center; margin-bottom: 10pt">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>p15-1387exhibit_101.htm
<DESCRIPTION>EXHIBIT 1.01
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Exhibit
1.01</B></FONT></P>

<P STYLE="font: bold 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 60.9pt 0 39.1pt; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Conflict
Minerals Report</B>&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Michael
Kors Holdings Limited has included this Conflict Minerals Report as an exhibit to its Form SD in respect of calendar 2014 as required
by Rule 13p-1 under the Securities Exchange Act of 1934, as amended, and Form SD (collectively, the &quot;Conflict Minerals Rule&quot;).
The date of filing of this Conflict Minerals Report is June 1, 2015.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Unless
the context indicates otherwise, the terms &quot;we,&quot; &quot;its,&quot; &quot;us,&quot; &quot;our&quot; and the &quot;Company&quot;
refer to Michael Kors Holdings Limited and its consolidated subsidiaries. As used herein, &quot;Conflict Minerals&quot; are cassiterite
(tin), columbite-tantalite (tantalum), gold and wolframite (tungsten), without regard to the location of origin of the minerals
or derivative metals.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Forward-Looking
Statements</B></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">The
statements in this document that refer to plans and expectations for future periods are forward-looking statements within the
meaning of federal securities laws. These forward-looking statements are based on management&rsquo;s current expectations. Words
such as &quot;expects,&quot; &quot;anticipates,&quot; &quot;plans,&quot; &quot;believes&quot; &quot;estimates,&quot; &quot;may,&quot;
&quot;will,&quot; &quot;should&quot; and variations of such words and similar expressions are intended to identify such forward-looking
statements. Examples of forward-looking statements include, but are not limited to, statements concerning the additional steps
that we intend to take to mitigate the risk that our necessary Conflict Minerals benefit armed groups. You should not place undue
reliance on such statements. These forward-looking statements are subject to a number of risks and uncertainties, many of which
are beyond&nbsp;the Company&rsquo;s control, which could cause the Company&rsquo;s actual results to differ materially from those
indicated in these forward-looking statements. These risks and uncertainties may include, but are not limited to, the continued
implementation of satisfactory traceability and other compliance measures by our direct and indirect suppliers, on a timely basis
or at all, whether smelters and refiners and other market participants responsibly source Conflict Minerals and political and
regulatory developments, whether in the Democratic Republic of the Congo (&quot;DRC&quot;) region, the United States or elsewhere.
The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances,
except as required by applicable laws or regulations.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt"><B>Applicability
of the Conflict Minerals Rule to Our Company</B></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">We
are a global accessories, footwear and apparel company. We believe that we are subject to the Conflict Minerals Rule because some
of the products that we contract to manufacture may contain Conflict Minerals that are necessary to the functionality or production
of such products. Specifically, (1) tin and gold may be contained in the functional hardware used on some of our apparel, handbags
and</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">&nbsp;</FONT></P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 10pt; text-align: center; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">-</FONT><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">-</FONT></P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 10pt; text-align: center; background-color: white">&nbsp;</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: if mal Arial, Helvetica, Sans-Serif Helvetica, Sans-Serif 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">small
leather goods and footwear as well as in some of our eyewear and sunglasses and (2) tin, tantalum, tungsten and/or gold may be
used in some of our watches and jewelry. In-scope product information in respect of calendar 2014 is provided under &quot;Product
Information&quot; below. We believe that necessary Conflict Minerals content constitutes a small portion of the materials content
of our products.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
do not directly source Conflict Minerals from mines, smelters or refiners, and are many levels removed from these market participants.
We therefore have limited influence over them. Furthermore, due to competitive factors, we often have difficultly identifying
market participants upstream from our direct suppliers. However, through the efforts described in this Conflict Minerals Report,
we seek to ensure that our sourcing practices are consistent with our Conflict Minerals Policy, which is described below.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">None
of the necessary Conflict Minerals contained in our in-scope products were determined by us (based on information made available
to us) to directly or indirectly finance or benefit armed groups in the DRC or an adjoining country. However, we do not have sufficient
information to determine whether or not our products were &quot;DRC conflict free.&quot; The terms &quot;adjoining country,&quot;
&quot;armed group&quot; and &quot;DRC conflict free&quot; have the meanings contained in the Conflict Minerals Rule.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Our
Conflict Minerals Policy </B></FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
are opposed to human rights abuses such as those that are occurring in connection with the mining of certain minerals from locations
in the DRC. We also take our obligations under Securities and Exchange Commission regulations and the laws in countries in which
we operate seriously, including our compliance obligations under the Conflict Minerals Rule. In addition, we are committed to
principles of ethical business practice and recognition of the dignity of others, including the responsible sourcing of Conflict
Minerals, and we expect that our suppliers share this commitment.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">In
furtherance of the foregoing, we have adopted and communicated to our suppliers and the public a company policy (the &quot;Conflict
Minerals Policy&quot;) for determining the use and origin of Conflict Minerals in our supply chain.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">The
Conflict Minerals Policy includes, but is not limited to, our expectations that our suppliers:</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Put
                                         in place procedures for the traceability of Conflict Minerals;</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Cooperate
                                         with our Conflict Minerals due diligence process, including by providing us, from time
                                         to time, with written certifications and other information concerning the origin of Conflict
                                         Minerals included in products and/or components supplied to us; </FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Maintain
                                         reviewable records supporting the source of Conflict Minerals;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="letter-spacing: -0.05pt">-</FONT><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --><FONT STYLE="letter-spacing: -0.05pt">-</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"></FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Adopt
                                         policies and procedures with respect to Conflict Minerals consistent with our Conflict
                                         Minerals Policy and the Organisation for Economic Co-operation and Development's Due
                                         Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and
                                         High-Risk Areas, including the adoption of a risk mitigation strategy to respond to identified
                                         risks in the supply chain, and communicate such policies and procedures to their personnel
                                         and direct and indirect suppliers; and</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Require
                                         their direct and indirect suppliers to adopt policies and procedures that are consistent
                                         with our Conflict Minerals Policy.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Reasonable
Country of Origin Inquiry </B></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">As
required by the Conflict Minerals Rule, for calendar 2014, we conducted a &quot;reasonable country of origin inquiry&quot; (&quot;RCOI&quot;).
We designed our RCOI in good faith to determine the origin of Conflict Minerals that are necessary to the functionality or production
of products that we contract to manufacture.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Our
outreach included 116 suppliers (the &quot;Suppliers&quot;) that we identified as having contracted to manufacture for us products
that we believe may contain necessary Conflict Minerals. We determined which of our products were in-scope or potentially in-scope
for purposes of the Conflict Minerals Rule through product specifications, visual inspection, supplier inquiries and other information
known to us. We also considered the degree of influence that we exercised over the materials, parts and components of the products.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Pursuant
to the Conflict Minerals Rule, based on the results of our RCOI, we were required to conduct due diligence for calendar 2014.
These due diligence efforts are discussed below.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">For
our RCOI, to the extent applicable, we utilized the same processes and procedures as for our due diligence.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Due
Dilig<FONT STYLE="letter-spacing: -0.05pt">e</FONT>n<FONT STYLE="letter-spacing: -0.05pt">ce Program Design</FONT></B></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt"><I>Design
Framework</I></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">We
designed our due diligence measures relating to Conflict Minerals to conform with, in all material respects, the criteria set
forth in </FONT><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">the Organisation for Economic Co-operation and Development&rsquo;s
Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, including the Supplement
on Tin, Tantalum and Tungsten and the Supplement on Gold (Second Edition, 2013) (collectively, the &quot;OECD Guidance&quot;).</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"></P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: left">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="letter-spacing: -0.05pt">-</FONT><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --><FONT STYLE="letter-spacing: -0.05pt">-</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="letter-spacing: -0.05pt"></FONT>&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"></P>

<P STYLE="font: 11pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I>Selected
Elements of Design Framework</I></FONT></P>

<P STYLE="font: 11pt/normal Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">The
OECD Guidance has established a five-step framework for due diligence as a basis for responsible global supply chain management
of minerals from conflict-affected and high-risk areas. Selected elements of our program design are discussed below. However,
these are not all of the discrete elements of the program that we have put in place to provide for the responsible sourcing of
Conflict Minerals contained in our products. The headings below conform to the headings used in the OECD Guidance for each of
the five steps. Selected due diligence measures that we took in respect of calendar 2014 are discussed under &quot;Due Diligence
Program Execution.&quot;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I>1.</I></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I><U>OECD
                                         Guidance Step One:</U> &quot;Establish strong company management systems&quot;</I></FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I>&nbsp;</I></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">a.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         have a Conflict Minerals Policy, as described earlier in this Conflict Minerals Report.
                                         The Conflict Minerals Policy is communicated internally by email and Intranet. The Conflict
                                         Minerals Policy also is communicated by email to suppliers and is posted on our website.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 67.5pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">b.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         have a team of senior staff under the General Counsel charged with managing our Conflict
                                         Minerals compliance program. The following functional areas are represented on the working
                                         group: Internal Audit; Legal; Production; and Trade and Customs. Appropriate members
                                         of these functional areas are educated on the Conflict Minerals Rule, the OECD Guidance,
                                         our compliance plan and the procedures for reviewing and validating supplier responses
                                         to our inquiries.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">c.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         utilize the Conflict Minerals Reporting Template (the &quot;CMRT&quot;) developed by
                                         the Conflict-Free Sourcing Initiative (the &quot;CFSI&quot;) to identify smelters and
                                         refiners in our supply chain.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">d.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Supplier
                                         requests for a completed CMRT are accompanied by the Conflict Minerals Policy or include
                                         a link to the policy.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">e.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         consider on an ongoing basis whether suppliers may benefit from receiving training or
                                         orientation materials concerning the Conflict Minerals Rule, the OECD Guidance, the Conflict
                                         Minerals Policy and/or our survey process. If so, we either arrange for the supplier
                                         to receive those materials or recommend third-party training or informational resources
                                         to the supplier.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">f.</FONT></TD><TD STYLE="text-align: justify; font: 12pt Arial, Helvetica, Sans-Serif">We
                                         maintain records relating to Conflict Minerals due diligence, including records of due
                                         diligence processes, f<FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">indings and
                                         resulting decisions, in an electronic database. Our policy is to maintain these records
                                         for at least five years.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">-4-</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">g.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         have a hotline and anonymous email mailbox for employees, suppliers and other interested
                                         parties to report violations of our Conflict Minerals Policy by phone or email.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I>2.</I></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I><U>OECD
                                         Guidance Step Two:</U> &quot;Identify and assess risk in the supply chain&quot;</I></FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">a.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         request by email that suppliers provide us with information, through the completion of
                                         a CMRT, concerning the usage and source of Conflict Minerals in their products as well
                                         as their related compliance efforts. We follow up by email or phone with all suppliers
                                         that do not respond to the request within the specified time frame.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">b.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         review the completed responses received from the suppliers for completeness, accuracy,
                                         reasonableness, credibility and &quot;red flags&quot; using written guidelines that we
                                         have developed. We follow up by email or phone with suppliers that submit a response
                                         that is rejected under our written guidelines, requesting the supplier to submit an updated
                                         or corrected CMRT.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">c.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Smelter
                                         and refiner information provided by suppliers is reviewed against the Standard Smelter
                                         Names tab of the CMRT and the list of known processing facilities published by the U.S.
                                         Department of Commerce. To the extent that a smelter or refiner identified by a supplier
                                         is not on either of these lists, we take additional steps to attempt to determine whether
                                         the listed entity is a smelter or refiner.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">d.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Smelter
                                         and refiner information also is reviewed against the lists of &quot;compliant&quot; and
                                         &quot;active&quot; smelters and refiners published by the CFSI. To the extent that a
                                         smelter or refiner identified by a supplier is not listed as compliant by the CFSI, we
                                         request further information from the supplier, consult publicly available information
                                         or attempt to contact the smelter or refiner to determine whether it obtained Conflict
                                         Minerals from sources that directly or indirectly financed or benefitted armed groups
                                         in the DRC or an adjoining country.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.5pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I>3.</I></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I><U>OECD
                                         Guidance Step Three:</U> &quot;Design and implement a strategy to respond to identified
                                         risks&quot;</I></FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify">&nbsp;</P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center">-5-&nbsp;&nbsp;</P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">a.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Our
                                         Conflict Minerals compliance team reports the findings of its supply chain risk assessment
                                         to our General Counsel.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">b.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">If
                                         our due diligence does not result in a reasonable belief that the applicable Conflict
                                         Minerals originated outside of the DRC region or came from recycled or scrap sources,
                                         we assess the risk that the Conflict Minerals may benefit armed groups in the DRC region.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">c.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Under
                                         our written procedures, risk mitigation measures include escalation of the supplier inquiry
                                         process, working with the supplier to establish a corrective action plan and possible
                                         termination of the supplier relationship.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">d.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         annually assess whether our Conflict Minerals processes conform to our applicable written
                                         procedures and assess the compliance program against other specified measures and metrics.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I>4.</I></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I><U>OECD
                                         Guidance Step Four:</U> &quot;Carry out independent third-party audit of supply chain
                                         due diligence at identified points in the supply chain&quot;</I></FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">To
that extent that smelters or refiners of Conflict Minerals in our supply chain are identified to us, we utilize information made
available by the CFSI concerning independent third-party audits of smelters and refiners.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I>5.</I></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><I><U>OECD
                                         Guidance Step 5</U>:</I> <I>&quot;Report on supply chain due diligence&quot;</I></FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.5pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
file a Form SD, and to the extent applicable a Conflict Minerals Report, with the Securities and Exchange Commission and make
these documents available on our website.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Due
Dilig<FONT STYLE="letter-spacing: -0.05pt">e</FONT>n<FONT STYLE="letter-spacing: -0.05pt">ce Program Execution</FONT></B></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">In
furtherance of our Conflict Minerals due diligence in respect of calendar 2014, we performed the following due diligence measures.
These were not all of the measures that we took in furtherance of our Conflict Minerals compliance program or pursuant to the
Conflict Minerals Rule and the OECD Guidance. See &quot;Due Diligence Program Design&quot; for a discussion of selected elements
of our design framework, which included many other items that are part of our compliance program.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         sent requests to 116 Suppliers to provide us with a completed CMRT. We requested that
                                         the Suppliers furnish us with a completed template at the product level. We followed
                                         up by email or phone with the
Suppliers that did not provide a response within the time frame specified in the request.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">-6-</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"></P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 33%">&nbsp;</TD><TD STYLE="text-align: center; width: 34%">&nbsp;</TD><TD STYLE="text-align: right; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"></P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
                                         reviewed the completed responses received from the Suppliers for completeness, accuracy,
                                         reasonableness, credibility and &quot;red flags&quot; using the written guidelines that
                                         we developed. We then followed up with selected Suppliers as we determined to be appropriate
                                         based on the content of the responses.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Our
                                         Conflict Minerals compliance team reported the findings of its compliance efforts in
                                         respect of calendar 2014 to our General Counsel.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 11.5pt 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Product
Information</B></FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: 0.05pt">We
believe that Conflict Minerals content that is necessary to the functionality or production of the products that we contract to
manufacture constitutes a small portion of the materials content of our products. </FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: 0.05pt">Due
to the challenges of tracing a multi-tier supply chain, for calendar 2014, we were unable to determine the origin of the necessary
Conflict Minerals contained in our in-scope products. The following categories of products were potentially in-scope for calendar
2014: (1) apparel, handbags and small leather goods and footwear that may contain functional hardware made with tin and/or gold
and </FONT><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">our eyewear and sunglasses that may
contain tin and/or gold</FONT><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: 0.05pt">; and (2) watches
and jewelry that may include tin, tantalum, tungsten and/or gold. </FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: 0.05pt">For
a further discussion of our products, see our Annual Report on Form 10-K for the fiscal year ended March 28, 2015 (the &ldquo;Annual
Report&rdquo;). The information contained in our Annual Report is not incorporated by reference into our Form SD or this Conflict
Minerals Report and should not be considered part of this report or the Form SD.</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif; letter-spacing: 0.05pt">For
calendar 2014, none of our in-scope products were determined by us (based on information made available to us) to contain necessary
Conflict Minerals that directly or indirectly financed or benefitted an armed group in the DRC or an adjoining country.</FONT><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">
An &quot;armed group&quot; under the Conflict Minerals Rule is an armed group that is identified as a perpetrator of serious human
rights abuses in annual Country Reports on Human Rights Practices under sections 116(d) and 502B(b) of the Foreign Assistance
Act of 1961 relating to the DRC or an adjoining country. However, we do not have sufficient information to determine whether or
not our products were &quot;DRC conflict free.&quot;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
endeavored to determine the mine or location of origin of the Conflict Minerals contained in our in-scope products by requesting
that the Suppliers provide us with a completed CMRT at the product level and through the other measures described in this Conflict
Minerals Report.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 10pt; text-align: center; background-color: white">- 7 -<FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="line-height: normal; margin-top: 0; margin-bottom: 10pt; text-align: center; background-color: white"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"></FONT></P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif"><B>Additional
Risk Mitigation Efforts</B></FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">We
intend to take the following additional steps in respect of calendar 2015 to mitigate the risk that our necessary in-scope Conflict
Minerals benefit armed groups:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Use
                                         Revision 4.0 of the CMRT for our calendar 2015 supplier outreach.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Finalize
                                         a Standard Operating Procedure that contains standard processes, timelines and communications
                                         for our compliance with the Conflict Minerals Rule.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Have
                                         our internal audit function perform procedures to attest that our internal controls relating
                                         to Conflict Minerals are being followed. </FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Encourage
                                         Suppliers that provided company level information for calendar 2014 to provide product
                                         level information for calendar 2015 through ongoing outreach with these Suppliers.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Engage
                                         with Suppliers that provided incomplete responses or that did not provide responses for
                                         calendar 2014 to provide requested information for calendar 2015.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Monitor
                                         and encourage the continuing development and progress of traceability measures at Suppliers
                                         that indicated for calendar 2014 that the source of Conflict Minerals was unknown or
                                         undeterminable.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Communicate
                                         to new potentially in-scope suppliers our sourcing expectations, including through the
                                         dissemination of the Conflict Minerals Policy to them. In addition, as new in-scope suppliers
                                         are added, work with these suppliers to ensure that they understand the requirements
                                         of our Conflict Minerals Policy, the Conflict Minerals Rule and the OECD Guidance.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">8.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">Participate
                                         in selected industry initiatives to identify smelters and refiners in the supply chain.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify"><FONT STYLE="font: 12pt Arial, Helvetica, Sans-Serif">All
of the foregoing steps are in addition to the steps that we took in respect of our calendar 2014 inquiry, which we intend to continue
to take in respect of our calendar 2015 inquiry to the extent applicable.</FONT></P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; text-align: justify"></P>

<P STYLE="line-height: normal; margin-top: 0.25in; margin-bottom: 0; text-align: center">- 8 -</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
