<SEC-DOCUMENT>0001104659-25-081169.txt : 20250821
<SEC-HEADER>0001104659-25-081169.hdr.sgml : 20250821
<ACCEPTANCE-DATETIME>20250821080800
ACCESSION NUMBER:		0001104659-25-081169
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20250821
DATE AS OF CHANGE:		20250821

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GUESS INC
		CENTRAL INDEX KEY:			0000912463
		STANDARD INDUSTRIAL CLASSIFICATION:	WOMEN'S, MISSES', CHILDREN'S & INFANTS' UNDERGARMENTS [2340]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				953679695
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-50255
		FILM NUMBER:		251238437

	BUSINESS ADDRESS:	
		STREET 1:		ATTN:  ANNE DEEDWANIA
		STREET 2:		1444 SOUTH ALAMEDA STREET
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90021
		BUSINESS PHONE:		(213) 765-3100

	MAIL ADDRESS:	
		STREET 1:		ATTN:  ANNE DEEDWANIA
		STREET 2:		1444 SOUTH ALAMEDA STREET
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90021

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GUESS INC ET AL/CA/
		DATE OF NAME CHANGE:	19940902

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARCIANO PAUL
		CENTRAL INDEX KEY:			0001173879
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	MAIL ADDRESS:	
		STREET 1:		C/O GUESS INC
		STREET 2:		1444 S ALAMEDA ST
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90021
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <previousAccessionNumber>0001104659-25-031351</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: MARCIANO PAUL -->
          <cik>0001173879</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <dateOfEvent>08/20/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0000912463</issuerCIK>
        <issuerCUSIP>401617105</issuerCUSIP>
        <issuerName>Guess?, Inc.</issuerName>
        <address>
          <com:street1>Strada Regina 44</com:street1>
          <com:city>Bioggio</com:city>
          <com:stateOrCountry>V8</com:stateOrCountry>
          <com:zipCode>CH-6934</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Paul Marciano</personName>
          <personPhoneNum>(213) 765-3100</personPhoneNum>
          <personAddress>
            <com:street1>1444 South Alameda Street</com:street1>
            <com:city>Los Angeles</com:city>
            <com:stateOrCountry>CA</com:stateOrCountry>
            <com:zipCode>90021</com:zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>Maurice Marciano</personName>
          <personPhoneNum>(213) 765-3100</personPhoneNum>
          <personAddress>
            <com:street1>1444 South Alameda Street</com:street1>
            <com:city>Los Angeles</com:city>
            <com:stateOrCountry>CA</com:stateOrCountry>
            <com:zipCode>90021</com:zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>Carlos Alberini</personName>
          <personPhoneNum>(213) 765-3100</personPhoneNum>
          <personAddress>
            <com:street1>1444 South Alameda Street</com:street1>
            <com:city>Los Angeles</com:city>
            <com:stateOrCountry>CA</com:stateOrCountry>
            <com:zipCode>90021</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001173879</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Paul Marciano</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>12655998.00</soleVotingPower>
        <sharedVotingPower>4663979.00</sharedVotingPower>
        <soleDispositivePower>15465814.00</soleDispositivePower>
        <sharedDispositivePower>4075109.00</sharedDispositivePower>
        <aggregateAmountOwned>19540923.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>37.3</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 11: Includes 348,157 shares of Common Stock that may be acquired upon the exercise of options exercisable within 60 days. Does not include an additional 869,118 restricted stock units subject to performance and time-based vesting restrictions.  Includes (1) 4,663,979 shares that are also deemed to be beneficially owned by Maurice Marciano, (2) 900,000 shares that are also deemed to be beneficially owned by Michael Karlin, as the sole member of the tax committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust, (3) 811,275 shares that are also deemed to be beneficially owned by Steven Lockshin, as the sole member of the tax committee of Palma Fiduciary, LLC for the PM 2021 Exempt Trust, (4) 50,000 shares that are also deemed to be beneficially owned by Olivia Marciano and William F. Payne, as directors of the Maurice &amp; Paul Marciano Art Foundation, and (5) 509,671 shares that are also deemed to be beneficially owned by David Tordjman, as the trustee and adviser of the G2 Trust and Exempt G2 Trust.

Row 13: Based on 52,074,269 shares of Common Stock of the Issuer, par value $0.01 ("Common Stock"), outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025 (plus an additional 348,157 shares that Paul Marciano has the right to acquire under existing stock option awards).</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001167503</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Maurice Marciano</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>I0</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4947179.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4358309.00</sharedDispositivePower>
        <aggregateAmountOwned>4947179.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.5</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 11: Includes (1) 4,663,979 shares that are also deemed to be beneficially owned by Paul Marciano, (2) 50,000 shares that are also deemed to be beneficially owned by Olivia Marciano and William F. Payne, as directors of the Maurice &amp; Paul Marciano Art Foundation and (3) 283,200 shares that are also deemed to be beneficially owned by Olivia Marciano and William F. Payne, as directors of the Maurice Marciano Family Foundation.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001173871</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Carlos Alberini</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>2371485.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1165277.00</soleDispositivePower>
        <sharedDispositivePower>1206208.00</sharedDispositivePower>
        <aggregateAmountOwned>2371485.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>4.5</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 11: Includes 948,157 shares of Common Stock that may be acquired upon the exercise of options exercisable within 60 days. Does not include an additional 327,578 restricted stock units subject to performance and time-based vesting restrictions.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025 (plus an additional 948,157 shares that Mr. Alberini has the right to acquire under existing stock option awards).</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Michael Karlin</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1249491.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>1249491.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>2.4</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 1: Michael Karlin is a Reporting Person in his capacity as the sole member of the tax committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust.

Row 11: Includes (1) 349,491 shares that are also deemed to be beneficially owned by David Tordjman and (2) 900,000 shares that are also deemed to be beneficially owned by Paul Marciano.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Steven Lockshin</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1160766.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>1160766.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>2.2</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 1: Steven Lockshin is a Reporting Person in his capacity as the sole member of the tax committee of Palma Fiduciary, LLC for the PM 2021 Exempt Trust.

Row 11: Includes (1) 349,491 shares that are also deemed to be beneficially owned by David Tordjman and (2) 811,275 shares that are also deemed to be beneficially owned by Paul Marciano.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Olivia Marciano</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1470668.00</soleVotingPower>
        <sharedVotingPower>333200.00</sharedVotingPower>
        <soleDispositivePower>1470668.00</soleDispositivePower>
        <sharedDispositivePower>333200.00</sharedDispositivePower>
        <aggregateAmountOwned>1803868.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>3.5</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 1: Olivia Marciano is a Reporting Person in her capacities as the sole member of the investment committee of Palma Fiduciary, LLC for the Maurice Marciano Charitable Remainder Unitrust II and as a director of the Maurice &amp; Paul Marciano Art Foundation and the Maurice Marciano Family Foundation.

Row 11: Includes (1) 50,000 shares that are also deemed to be beneficially owned by Paul Marciano and William F. Payne, as a director of the Maurice &amp; Paul Marciano Art Foundation, and (2) 283,200 shares that are also deemed to be beneficially owned by Maurice Marciano and William F. Payne, as a director of the Maurice Marciano Family Foundation.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>William F. Payne</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>Z4</citizenshipOrOrganization>
        <soleVotingPower>1181682.00</soleVotingPower>
        <sharedVotingPower>333200.00</sharedVotingPower>
        <soleDispositivePower>1181682.00</soleDispositivePower>
        <sharedDispositivePower>333200.00</sharedDispositivePower>
        <aggregateAmountOwned>1514882.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>2.9</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 1: William F. Payne is a Reporting Person in his capacities as the investment director for MM CRUT II LLC, as the sole member of the investment committee of Palma Fiduciary, LLC for the Maurice Marciano Charitable Remainder Unitrust, and as a director of the Maurice &amp; Paul Marciano Art Foundation and the Maurice Marciano Family Foundation.

Row 11: Includes (1) 50,000 shares that are also deemed to be beneficially owned by Paul Marciano, Maurice Marciano and Olivia Marciano, as a director of the Maurice &amp; Paul Marciano Art Foundation, and (2) 283,200 shares that are also deemed to be beneficially owned by Maurice Marciano and Olivia Marciano, as a director of the Maurice Marciano Family Foundation.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Mark Silah</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1347650.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1347650.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>1347650.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>2.6</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 1: Mark Silah is a Reporting Person in his capacity as the investment director of MM CRUT LLC.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>David Tordjman</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>I0</citizenshipOrOrganization>
        <soleVotingPower>910256.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1099567.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>1609238.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>3.1</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 1: David Tordjman is a Reporting Person in his capacities as the trustee and adviser of the G2 Trust and Exempt G2 Trust and as the sole member of the investment committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust and PM 2021 Exempt Trust.

Row 11: Includes (1) 698,982 shares that are also deemed to be beneficially owned by Michael Karlin and Steven Lockshin and (2) 509,671 shares that are also deemed to be beneficially owned by Paul Marciano.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Nicolai Marciano</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>42478.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>42478.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>42478.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>0.1</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Row 11: Includes 18,800 shares of Common Stock that may be acquired upon the exercise of options exercisable within 60 days. Does not include an additional 24,250 restricted stock units subject to time-based vesting restrictions.

Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025 (plus an additional 18,800 shares that Nicolai Marciano has the right to acquire under existing stock option awards).</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Stock</securityTitle>
        <issuerName>Guess?, Inc.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>Strada Regina 44</com:street1>
          <com:city>Bioggio</com:city>
          <com:stateOrCountry>V8</com:stateOrCountry>
          <com:zipCode>CH-6934</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") is being filed by each of (a) Paul Marciano, (b) Maurice Marciano, (c) Carlos Alberini, (d) Michael Karlin, as the sole member of the tax committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust, (e) Steven Lockshin, as the sole member of the tax committee of Palma Fiduciary, LLC for the PM 2021 Exempt Trust, (f) Olivia Marciano, as the sole member of the investment committee of Palma Fiduciary, LLC for the Maurice Marciano Charitable Remainder Unitrust II and as a director of the Maurice &amp; Paul Marciano Art Foundation and the Maurice Marciano Family Foundation, (g) William F. Payne, as the investment director for MM CRUT II LLC, as the sole member of the investment committee of Palma Fiduciary, LLC for the Maurice Marciano Charitable Remainder Unitrust and as a director of the Maurice &amp; Paul Marciano Art Foundation and the Maurice Marciano Family Foundation, (h) Mark Silah, as the investment director of MM CRUT LLC, (i) David Tordjman, as the adviser of the G2 Trust and Exempt G2 Trust and as the sole member of the investment committee of Palma Fiduciary, LLC of the MM 2020 Exempt Trust and PM 2021 Exempt Trust, and (j) Nicolai Marciano (each such person in (a) - (j) a "Reporting Person" and together, the "Reporting Persons") and relates to their record and beneficial ownership in the issued and outstanding shares of Common Stock of the Issuer (the "Subject Shares").  This Amendment No. 1 amends and supplements the Schedule 13D filed by Paul Marciano, Maurice Marciano and Carlos Alberini with the United States Securities and Exchange Commission (the "SEC") on April 2, 2025 (the "Existing Schedule 13D" and, as amended by this Amendment No. 1, the "Schedule 13D").  Capitalized terms used in this Amendment No. 1 but not otherwise defined herein have the meanings given to them in the Existing Schedule 13D.  Except as amended herein, items in the Existing Schedule 13D remain unmodified.</commentText>
      </item1>
      <item2>
        <filingPersonName>Item 2 of the Existing Schedule 13D is hereby amended and supplemented by adding the following:

Michael Karlin, Steven Lockshin, Olivia Marciano, William F. Payne, Mark Silah, David Tordjman, and Nicolai Marciano.</filingPersonName>
        <principalBusinessAddress>The business address of each of William F. Payne, Olivia Marciano, David Tordjman and Nicolai Marciano is 144 S. Beverly Drive, Suite 600, Beverly Hills, CA 90212.  The business address of each of Michael Karlin and Mark Silah is 10960 Wilshire Boulevard, 5th Floor, Los Angeles, CA 90024.  The business address of Steven Lockshin is 2121 Avenue of the Stars, #2400, Los Angeles, CA 90067.</principalBusinessAddress>
        <principalJob>Michael Karlin and Mark Silah are Partners at NKSFB, LLC, a business management firm.  Steven Lockshin is a Principal at AdvicePeriod, an investment advisor.  Olivia Marciano is the owner of OM Creative LLC, a consulting firm, and The Middle LLC, a home goods company.  William F. Payne is the Chief Executive Officer of Beverly Pacific, LLC, a private equity company.  David Tordjman is the founder of Jenny Investments LLC, a real estate and venture capital investing business.  Nicolai Marciano is the Chief New Business Development Officer of the Issuer.  See also Item 2(b).</principalJob>
        <hasBeenConvicted>None of the Reporting Persons has, within the past five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).</hasBeenConvicted>
        <convictionDescription>None of the Reporting Persons has, within the past five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he or she was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</convictionDescription>
        <citizenship>Michael Karlin, Steven Lockshin and Mark Silah are citizens of the United States of America.  Olivia Marciano and Nicolai Marciano are dual citizens of the United States of America and France.  William F. Payne is a citizen of Canada.  David Tordjman is a citizen of France.</citizenship>
      </item2>
      <item3>
        <fundsSource>This Schedule 13D is being filed because the Reporting Persons may be deemed to be a group within the meaning of Section 13(d)(3) of the Act as a result of the matters described in Item 4 below. This filing is not being made as a result of any particular acquisition or disposition of Common Stock by the Reporting Persons.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>Item 4 of the Existing Schedule 13D is hereby amended and supplemented by adding the following at the end thereof:

          On August 20, 2025, Glow Holdco 1, Inc. ("Parent"), Glow Merger Sub 1, Inc. ("Merger Sub"), Authentic Brands Group, LLC ("Authentic") and the Issuer entered into an agreement and plan of merger (the "Merger Agreement"), pursuant to which Parent, a newly formed entity and a wholly owned subsidiary of Authentic, agreed to acquire all of the outstanding Common Stock (other than (a) the Rollover Shares (as defined below), (b) Common Stock owned by Authentic, Parent, Merger Sub, the Issuer or any wholly owned subsidiary of Authentic, Parent or the Issuer, and (c) Common Stock owned by shareholders who perfect appraisal rights under applicable law), in exchange for $16.75 per share of Common Stock in cash at the closing of the transactions contemplated by the Merger Agreement.

          The Merger Agreement contains customary representations, warranties and covenants for a transaction of this type, provides for certain termination rights of the parties thereto (including the Issuer's right to terminate to accept a Superior Proposal (as defined therein)) and a right of either party to terminate if the Closing (as defined therein) is not consummated on or before August 20, 2026. The Merger Agreement further contemplates that, following the Condition Satisfaction Date (as defined therein) and prior to the effective time of the Merger (the "Effective Time"), the parties will effect a pre-closing restructuring of the Issuer's assets pursuant to which, among other things, all of the rights, title and interest owned by the Issuer or any of its subsidiaries or affiliates in or to the Issuer's intellectual property assets, other than certain excluded intellectual property assets, will be transferred to certain newly formed entities wholly owned by the Issuer (the "Pre-Closing Restructuring" and, such entities, the "IPCo Entities").  On the Condition Satisfaction Date (as defined therein), immediately prior to the commencement of the Pre-Closing Restructuring, Authentic will transfer all of the issued and outstanding equity interests of Parent (and, indirectly through ownership of Parent, Merger Sub) to a newly formed affiliate of the Reporting Persons (other than Olivia Marciano and William F. Payne, in each case solely in his or her capacity as directors of the Paul &amp; Maurice Marciano Art Foundation) ("IPCo Holdings" and such transfer, the "Parent Equity Transfer").  Following the Pre-Closing Restructuring (including the Parent Equity Transfer) and immediately prior to the Effective Time, Authentic (or its designee(s)) will purchase 51% of the issued and outstanding equity of the IPCo Entities and at Parent's option, IPCo Holdings (or its designee) will purchase up to 19% of the issued and outstanding equity interests of the IPCo Entities (the sales to Authentic (or its designee(s)) and IPCo Holdings (or its designee) are collectively referred to as the "Disposition"), and, thereafter, at the Effective Time, Merger Sub will merge with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation (the "Surviving Corporation"), and the Reporting Persons will thereafter directly or indirectly own all of the equity interests of the Issuer.  Following the closing of the transactions contemplated by the Merger Agreement, the IPCo Entities are anticipated to be owned 51% by Authentic and 49% by the Reporting Persons (other than Olivia Marciano and William F. Payne, in each case solely in his or her capacity as directors of the Paul &amp; Maurice Marciano Art Foundation), and the Surviving Corporation will be wholly owned by certain of the Reporting Persons and current Issuer management will continue to run the business.

          Concurrently with the execution and delivery of the Merger Agreement, as a condition and material inducement to Authentic's willingness to both form Parent and Merger Sub and enter into the Merger Agreement, the Reporting Persons, as beneficial owners of the Subject Shares, representing, in the aggregate, 49.972% of the 52,074,269 issued and outstanding shares of Common Stock, entered into a Voting and Support Agreement with Authentic and the Issuer (the "Voting Agreement"), and the Reporting Persons (other than Olivia Marciano and William F. Payne, in each case solely in his or her capacity as directors of the Paul &amp; Maurice Marciano Art Foundation) entered into an Interim Investors Agreement (the "Interim Investors Agreement"), each as described below.

          Voting Agreement

          Pursuant to the Voting Agreement, each of the Reporting Persons has agreed, subject to certain exceptions, to (a) vote the Subject Shares in favor of the adoption of the Merger Agreement and the approval of the Merger, the Disposition and the transactions contemplated by the Merger Agreement, (b) vote against any proposal made in opposition to the Merger Agreement or the transactions contemplated by the Merger Agreement, (c) vote against any other action, agreement or transaction involving the Issuer that is intended, or would reasonably be expected, to impede, interfere with, delay, postpone, adversely affect or prevent the consummation of the Merger or the other transactions contemplated by the Merger Agreement, (d) refrain from transferring or otherwise disposing of the Subject Shares without the prior written consent of Authentic, other than certain permitted transfers, (e) waive appraisal or dissenters' rights, and (f) not participate in or support any legal proceedings challenging any provision of the Merger Agreement.  The Reporting Persons will not be deemed to be disinterested stockholders (as such term is defined in Section 144 of the Delaware General Corporation Law) for purposes of voting on the Merger Agreement.

          The Reporting Persons have also agreed, subject to the occurrence of the Condition Satisfaction Date, to effect certain of the Pre-Closing Restructuring transactions prior to consummation of the Merger.  In addition, certain of the Reporting Persons have agreed, on the Condition Satisfaction Date, to accept the Parent Equity Transfer and to take certain actions under the Merger Agreement, including with respect to the proxy statement for the approval of the Merger Agreement and the related Schedule 13E-3 and the Required Regulatory Approvals (as defined in the Merger Agreement), as if references to Parent and Merger Sub in the Merger Agreement were instead to such Reporting Person. The Voting Agreement terminates upon the earlier of the termination of the Merger Agreement and the written consent of each party thereto. The Voting Agreement also terminates automatically upon the consummation of the Merger, subject to survival of certain provisions specified therein.

          The Voting Agreement does not restrict the Reporting Persons from taking any action in their respective capacities as an officer or director of the Issuer.

          The foregoing description of the Voting Agreement does not purport to be complete and is qualified in its entirety by reference to the Voting Agreement, which is attached as Exhibit 99.4 to this Amendment No. 1 and is hereby incorporated in its entirety into this Item 4 by reference.

          Interim Investors Agreement

          The Interim Investors Agreement sets forth the terms and conditions governing certain actions of the Reporting Persons party thereto and Authentic, and the relationship among such persons with respect to the Merger Agreement.  The Interim Investors Agreement addresses, among other things, cooperation among the parties thereto with respect to the Pre-Closing Restructuring, required regulatory filings, the allocation of transaction expenses, excess cash and debt payoff and certain other obligations among the parties and the approval rights of the parties for any amendments, consents or waivers under the Merger Agreement.

          Under the Interim Investors Agreement, the Reporting Persons party thereto have agreed to effect the Parent Equity Transfer on the Condition Satisfaction Date in accordance with (and subject to) the terms thereof and, following the consummation of the Parent Equity Transfer, to cause Parent and Merger Sub to comply with their obligations under the Merger Agreement, other than the funding of the consideration payable under the Merger Agreement, which is an obligation of Authentic.

          The Interim Investors Agreement remains in effect until the earlier of the closing of the Merger and the termination of the Merger Agreement, subject to certain provisions that survive the closing or termination of the Merger Agreement.

          The Interim Investors Agreement does not restrict the Reporting Persons from taking any action in their respective capacities as an officer or director of the Issuer.

          The foregoing description of the Interim Investors Agreement does not purport to be complete and is qualified in its entirety by reference to the Interim Investors Agreement, which is attached as Exhibit 99.5 to this Amendment No. 1 and is hereby incorporated into this Item 4 by reference.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>As of August 20, 2025, the aggregate number of shares of Common Stock beneficially owned by the Reporting Persons is 27,337,653 shares of Common Stock (including the right to acquire 1,315,114 shares within 60 days), which equals 51.2% of the 52,389,383 shares of Common Stock that would be outstanding if all of the Reporting Persons' rights to acquire shares within 60 days were exercised.</percentageOfClassSecurities>
        <numberOfShares>Paul Marciano's voting and investment power with respect to the Common Stock is as follows:

Paul Marciano
Number of Shares: 158,693
Voting Power: Sole
Investment Power: Sole

Paul Marciano Trust
Number of Shares: 10,654,866
Voting Power: Sole
Investment Power: Sole

Maurice Marciano Trust
Number of Shares: 4,025,109 (1)(2)
Voting Power: Shared
Investment Power: Shared

ENRG Capital LLC
Number of Shares: 1,081,700 (3)
Voting Power: Sole as to 270,425, none as to remainder
Investment Power: Sole

G Financial Holdings, LLC
Number of Shares: 170,666 (4)
Voting Power: None
Investment Power: Sole

G Financial Holdings II, LLC
Number of Shares: 339,005 (4)
Voting Power: None
Investment Power: Sole

Carolem Capital, LLC
Number of Shares: 1,200,000 (1)(2)(5)
Voting Power: Shared as to 300,000, none as to remainder
Investment Power: Sole

Next Step Capital LLC
Number of Shares: 103,801 (1)(2)
Voting Power: Sole as to 92,401, shared as to 11,400
Investment Power: Sole

Next Step Capital II LLC
Number of Shares: 554,940 (1)(2)
Voting Power: Sole as to 277,470, shared as to 277,470
Investment Power: Sole

Nonexempt Gift Trust under the Next Step Trust
Number of Shares: 370,309 (2)
Voting Power: Sole
Investment Power: Sole

Exempt Gift Trust under the Next Step Trust
Number of Shares: 105,977 (2)
Voting Power: Sole
Investment Power: Sole

Paul Marciano Foundation
Number of Shares: 377,700 (6)
Voting Power: Sole
Investment Power: Sole

Maurice &amp; Paul Marciano Art Foundation
Number of Shares: 50,000 (1)(6)(7)
Voting Power: Shared
Investment Power: Shared

Options exercisable by Paul Marciano within 60 days
Number of Shares: 348,157
Voting Power: Sole
Investment Power: Sole

(1) Includes shares that are also deemed to be beneficially owned by Maurice Marciano.
(2) Paul Marciano disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
(3) Includes shares that are also deemed to be beneficially owned by Steven Lockshin, as the sole member of the tax committee of Palma Fiduciary, LLC for the PM 2021 Exempt Trust.
(4) Includes shares that are also deemed to be beneficially owned by David Tordjman, as the trustee and adviser of the G2 Trust and Exempt G2 Trust.
(5) Includes shares that are also deemed to be beneficially owned by Michael Karlin, as the sole member of the tax committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust.
(6) Paul Marciano has no pecuniary interest in these shares that are owned by a nonprofit corporation.
(7) Includes shares that are also deemed to be beneficially owned by Olivia Marciano and William F. Payne, as directors of the Maurice &amp; Paul Marciano Art Foundation.

Maurice Marciano's voting and investment power with respect to the Common Stock is as follows:

Maurice Marciano Trust
Number of Shares: 4,025,109 (1)
Voting Power: Shared
Investment Power: Shared

Maurice Marciano Family Foundation
Number of Shares: 283,200 (2)(3)
Voting Power: Shared

Investment Power: Shared
Maurice &amp; Paul Marciano Art Foundation
Number of Shares: 50,000 (1)(2)(3)
Voting Power: Shared
Investment Power: Shared

Carolem Capital, LLC
Number of Shares: 300,000 (1)
Voting Power: Shared
Investment Power: None

Next Step Capital LLC
Number of Shares: 11,400 (1)
Voting Power: Shared
Investment Power: None

Next Step Capital II LLC
Number of Shares: 277,470 (1)
Voting Power: Shared
Investment Power: None

(1) Includes shares that are also deemed to be beneficially owned by Paul Marciano, as reflected above.
(2) Maurice Marciano has no pecuniary interest in these shares that are owned by a non-profit corporation.
(3) Includes shares that are also deemed to be beneficially owned by Olivia Marciano and William F. Payne, as directors of the Maurice Marciano Family Foundation and the Maurice &amp; Paul Marciano Art Foundation.

Carlos Alberini's voting and investment power with respect to the Common Stock is as follows:

Carlos Alberini
Number of Shares: 8,710
Voting Power: Sole
Investment Power: Sole

Alberini Family LLC
Number of Shares: 208,410
Voting Power: Sole
Investment Power: Sole

Carlos and Andrea Alberini Trust
Number of Shares: 1,206,208
Voting Power: Sole
Investment Power: Shared

Options exercisable by Carlos Alberini within 60 days
Number of Shares: 948,157
Voting Power: Sole
Investment Power: Sole

Michael Karlin's voting and investment power with respect to the Common Stock is as follows:

MM 2020 Exempt Trust
Number of Shares: 349,491
Voting Power: Sole
Investment Power: None

Carolem Capital, LLC
Number of Shares: 900,000 (1)
Voting Power: Sole
Investment Power: None

(1) Includes shares that are also deemed to be beneficially owned by Paul Marciano, as reflected above.

Steven Lockshin's voting and investment power with respect to the Common Stock is as follows:

PM 2021 Exempt Trust
Number of Shares: 349,491
Voting Power: Sole
Investment Power: None

ENRG Capital LLC
Number of Shares: 811,275 (1)
Voting Power: Sole
Investment Power: None

(1) Includes shares that are also deemed to be beneficially owned by Paul Marciano, as reflected above.

Olivia Marciano's voting and investment power with respect to the Common Stock is as follows:

Maurice Marciano Charitable Remainder Unitrust II
Number of Shares: 1,470,668
Voting Power: Sole
Investment Power: Sole

Maurice &amp; Paul Marciano Art Foundation
Number of Shares: 50,000 (1)
Voting Power: Shared
Investment Power: Shared

Maurice Marciano Family Foundation
Number of Shares: 283,200 (2)
Voting Power: Shared
Investment Power: Shared

(1) Includes shares that are also deemed to be beneficially owned by Paul Marciano and Maurice Marciano, as reflected above, and William F. Payne, as a director of the Maurice &amp; Paul Marciano Art Foundation.
(2) Includes shares that are also deemed to be beneficially owned by Maurice Marciano, as reflected above, and William F. Payne, as a director of the Maurice Marciano Family Foundation.

William F. Payne's voting and investment power with respect to the Common Stock is as follows:

MM CRUT II LLC
Number of Shares: 1,181,124
Voting Power: Sole
Investment Power: Sole

Maurice Marciano Charitable Remainder Unitrust
Number of Shares: 558
Voting Power: Sole
Investment Power: Sole

Maurice &amp; Paul Marciano Art Foundation
Number of Shares: 50,000 (1)
Voting Power: Shared
Investment Power: Shared

Maurice Marciano Family Foundation
Number of Shares: 283,200 (2)
Voting Power: Shared
Investment Power: Shared

(1) Includes shares that are also deemed to be beneficially owned by Paul Marciano, Maurice Marciano and Olivia Marciano, as a director of the Maurice &amp; Paul Marciano Art Foundation, as reflected above.
(2) Includes shares that are also deemed to be beneficially owned by Maurice Marciano and Olivia Marciano, as a director of the Maurice Marciano Family Foundation, as reflected above.

Mark Silah's voting and investment power with respect to the Common Stock is as follows:

MM CRUT LLC
Number of Shares: 1,347,650
Voting Power: Sole
Investment Power: Sole

David Tordjman's voting and investment power with respect to the Common Stock is as follows:

G2 Trust
Number of Shares: 264,384
Voting Power: Sole
Investment Power: Sole

Exempt G2 Trust
Number of Shares: 136,201
Voting Power: Sole
Investment Power: Sole

MM 2020 Exempt Trust
Number of Shares: 349,491
Voting Power: None
Investment Power: Sole

PM 2021 Exempt Trust
Number of Shares: 349,491
Voting Power: None
Investment Power: Sole

G Financial Holdings, LLC
Number of Shares: 170,666 (1)
Voting Power: Sole
Investment Power: None

G Financial Holdings II, LLC
Number of Shares: 339,005 (1)
Voting Power: Sole
Investment Power: None

(1) Includes shares that are also deemed to be beneficially owned by Paul Marciano, as reflected above.

Nicolai Marciano's voting and investment power with respect to the Common Stock is as follows:

Nicolai Marciano
Number of Shares: 23,678
Voting Power: Sole
Investment Power: Sole

Options exercisable by Nicolai Marciano within 60 days
Number of Shares: 18,800
Voting Power: Sole
Investment Power: Sole</numberOfShares>
        <transactionDesc>None.</transactionDesc>
        <listOfShareholders>See Item 5(b).</listOfShareholders>
        <date5PercentOwnership>Not applicable.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>On August 21, 2025, the Reporting Persons entered into a Joint Filing Agreement in which the Reporting Persons agreed to the joint filing on behalf of each of them of statements on Schedule 13D with respect to the securities of the Issuer. The Joint Filing Agreement is attached hereto as Exhibit 99.6 and is incorporated herein by reference.

          The descriptions of the Voting Agreement and the Interim Investors Agreement set forth in Item 4 above are hereby incorporated herein by reference.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>Exhibit            Description
Exhibit 99.4    Voting and Support Agreement, dated as of August 20, 2025 (incorporated by reference to Exhibit 10.1 of the Issuer's Current Report on Form 8-K filed with the SEC on August 20, 2025).

Exhibit 99.5   Interim Investors Agreement, dated as of August 20, 2025.

Exhibit 99.6    Joint Filing Agreement, dated as of August 21, 2025.

Exhibit 99.7    List of Reporting Persons.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Paul Marciano</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Paul Marciano</signature>
          <title>Paul Marciano, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Maurice Marciano</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Paul Marciano</signature>
          <title>Maurice Marciano, by Paul Marciano, his Attorney-in-Fact, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Carlos Alberini</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Carlos Alberini</signature>
          <title>Carlos Alberini, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Michael Karlin</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Michael Karlin</signature>
          <title>Michael Karlin, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Steven Lockshin</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Steven Lockshin</signature>
          <title>Steven Lockshin, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Olivia Marciano</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Olivia Marciano</signature>
          <title>Olivia Marciano, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>William F. Payne</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ William F. Payne</signature>
          <title>William F. Payne, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Mark Silah</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Mark Silah</signature>
          <title>Marl Silah, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>David Tordjman</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ David Tordjman</signature>
          <title>David Tordjman, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Nicolai Marciano</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Nicolai Marciano</signature>
          <title>Nicolai Marciano, See Exhibit 99.7</title>
          <date>08/21/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.5
<SEQUENCE>2
<FILENAME>tm2523987d1_ex99-5.htm
<DESCRIPTION>EXHIBIT 99.5
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.5</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><I>Execution Version</I></B></P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>INTERIM INVESTORS AGREEMENT</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This INTERIM INVESTORS AGREEMENT
(this &ldquo;<B><U>Agreement</U></B>&rdquo;) is made as of August&nbsp;20, 2025 by and among Authentic Brands Group LLC, a Delaware limited
liability company (&ldquo;<B><U>Authentic</U></B>&rdquo;), and the other parties appearing on the signature pages&nbsp;hereto under the
heading &ldquo;Investors&rdquo; or who join in this Agreement as an &ldquo;Investor&rdquo; under circumstances contemplated by and in
accordance with this Agreement (each such party, an &ldquo;<B><U>Investor</U></B>&rdquo; and, collectively the &ldquo;<B><U>Investors</U></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RECITALS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;On
the date hereof, Guess?,&nbsp;Inc., a Delaware corporation (the &ldquo;<B><U>Company</U></B>&rdquo;), Authentic, Glow Holdco 1,&nbsp;Inc.,
a Delaware corporation (&ldquo;<B><U>Parent</U></B>&rdquo;), and Glow Merger Sub 1,&nbsp;Inc., a Delaware corporation and a wholly owned
subsidiary of Parent (&ldquo;<B><U>Merger Sub</U></B>&rdquo;), have executed an Agreement and Plan of Merger (as the same may be amended,
supplemented or otherwise modified from time to time in accordance with the terms thereof and this Agreement, the &ldquo;<B><U>Merger
Agreement</U></B>&rdquo;) pursuant to which, among other things, (i)&nbsp;Parent and the Company shall effect the Pre-Closing Restructuring,
(ii)&nbsp;Authentic shall purchase the Authentic Acquired IPCo Equity and (iii)&nbsp;Merger Sub shall merge with and into the Company,
with the Company continuing as the Surviving Corporation and a Subsidiary of Parent. A true and complete copy of the Merger Agreement
as of the date hereof is attached hereto as <U>Annex 1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;As
of the date hereof, the Shares and certain other equity interests set forth on <U>Annex 2</U> are held by the Investors (as set forth
thereon) and are expected to be Rollover Shares for purposes of the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Investors and Authentic wish to agree to certain terms and conditions that will govern certain actions of the Investors and Authentic
and the relationship among the Investors with respect to the Merger Agreement and the Transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Therefore, Authentic and
each Investor hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="text-transform: uppercase"><B>1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>EFFECTIVENESS;
                                            termination; INTERPRETATION.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Effectiveness</U>.
This Agreement is effective on the date hereof and, subject to <U>Sections 1.2</U> and <U>1.3</U>, shall automatically terminate upon
the earlier to occur of (a)&nbsp;the closing of the Transactions (the &ldquo;<B><U>Closing</U></B>&rdquo;) and (b)&nbsp;the termination
of the Merger Agreement in accordance with its terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Termination
of Merger Agreement</U>. In the event the Merger Agreement is terminated in accordance with its terms, this Agreement shall become void
and of no effect with no liability to any Person on the part of any party hereto (or any of its Affiliates or its or their Representatives);
provided, however, that (a)&nbsp;no such termination shall relieve any party of any liability or damages resulting from any Fraud or
Willful and Material Breach (each as defined in <U>Section&nbsp;3</U> hereof) of such party prior to such termination and (b)&nbsp;the
provisions set forth in this <U>Section&nbsp;1.2 </U>(Termination of Merger Agreement) and <U>Sections&nbsp;1.1</U> (Effectiveness),
<U>1.4</U> (Interpretation), <U>2.2.3</U> (Authentic Liabilities), <U>2.2.4</U> (Allocation of Liabilities), <U>2.8.1</U> (Transaction
Litigation), <U>2.12.2</U> (Expense Sharing Provisions), <U>2.13.2</U> and <U>2.13.3</U> (Financing Cooperation Indemnification), <U>2.15</U>
(Publicity), <U>2.17.6</U> (Disclaimer of Authentic Representations), <U>2.18.8</U> (Disclaimer of Investor Representations), <U>2.21</U>
(Investor Representative), <U>2.23</U> (Customer Information) other than the first sentence thereof, <U>3</U> (Definitions) and <U>4</U>
(Miscellaneous) shall survive any such termination of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Closing
Under Merger Agreement</U>. In the event that the Closing occurs pursuant to the Merger Agreement, only <U>Sections&nbsp;1.1</U> (Effectiveness),
<U>1.4</U> (Interpretation), <U>2.2.3</U> (Authentic Liabilities), <U>2.2.5</U> (Company Equity Award Taxes), <U>2.4</U> (Actions with
respect to Funding the Transactions), <U>2.8</U> (Transaction Litigation, Appraisal Rights and Exchange Fund), <U>2.11</U> (Actions with
Respect to Convertible Notes, Convertible Hedge Call Options, Convertible Warrants and Debt Payoff), <U>2.12</U> (Expense Sharing Provisions),
<U>2.13.2</U> and <U>2.13.3</U> (Financing Cooperation Indemnification), <U>2.15</U> (Publicity), <U>2.16</U> (Conflicts), <U>2.17</U>
(Representations and Warranties of Each Investor), <U>2.18</U> (Representations and Warranties of Authentic), <U>2.19</U> (Transfer Taxes),
<U>2.20</U> (Additional Tax Payments), <U>2.21</U> (Investor Representative), <U>2.22</U> (Certain Agreements), <U>2.23</U> (Customer
Information), <U>3</U> (Definitions) and <U>4</U> (Miscellaneous) shall survive the Effective Time; provided, that any liability or damages
for Fraud or Willful and Material Breach prior to or as of the Closing shall survive such termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Interpretation</U>.
Capitalized terms used in this Agreement shall have the meanings given to them in this Agreement or, if not defined herein, in the Merger
Agreement. As used in this Agreement, (i)&nbsp;the words &ldquo;include&rdquo; and &ldquo;including,&rdquo; and variations thereof, shall
not be deemed to be terms of limitation, but rather shall be deemed to be followed by the words &ldquo;without limitation,&rdquo; and
(ii)&nbsp;the use of the word &ldquo;or&rdquo; shall not be exclusive. The section headings of this Agreement are included for reference
purposes only and shall not affect the construction or interpretation of any of the provisions of this Agreement. In the event an ambiguity
or question of intent arises, this Agreement shall be construed as if drafted jointly by Authentic and the Investors, and no presumption
or burden of proof shall arise, or rule&nbsp;of strict construction applied, favoring or disfavoring Authentic or any Investor by virtue
of the authorship of any of the provisions of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="text-transform: uppercase"><B>2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>AGREEMENTS
                                            AMONG Authentic and THE INVESTORS.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Ownership
of Parent and Merger Sub; Parent Equity Transfer</U>. Each OpCo Investor acknowledges that (i)&nbsp;Authentic has formed Parent and Merger
Sub for purposes of the Merger Agreement and (ii)&nbsp;the OpCo Investors shall assume ownership of Parent and (indirectly through their
ownership of Parent) Merger Sub on the Condition Satisfaction Date as contemplated by, and in accordance with, the Merger Agreement (it
being explicitly acknowledged and agreed that Authentic&rsquo;s, Parent&rsquo;s and Merger Sub&rsquo;s obligations to effect the transactions
contemplated by the Merger Agreement shall be subject to and conditioned upon the Parent Equity Transfer in accordance with Section&nbsp;10.2(b)&nbsp;(<U>Pre-Closing
Restructuring</U>) of the Merger Agreement). On the Condition Satisfaction Date, as part of the Pre-Closing Restructuring, Authentic
shall transfer all of the issued and outstanding equity interests of Parent and Merger Sub to IPCo Holdings and, pursuant to the terms
of the Voting Agreement and this Agreement, the OpCo Investors shall cause IPCo Holdings to irrevocably accept all of the Parent Equity
Interests for no consideration (such transfer and irrevocable acceptance, the &ldquo;<B><U>Parent Equity Transfer</U></B>&rdquo;). Authentic
and the OpCo Investors shall effect the Parent Equity Transfer in accordance with the terms of the Merger Agreement and this Agreement
and, subject to <U>Sections 2.2.3</U> and <U>2.2.4</U> and the representations and warranties in <U>Section&nbsp;2.18.3</U>, on an &ldquo;as
is&rdquo; and &ldquo;where is&rdquo; basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Compliance
with Merger Agreement; Allocation of Liabilities</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.2.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;From
and after the consummation of the Parent Equity Transfer (the &ldquo;<B><U>Parent Equity Transfer Effective Time</U></B>&rdquo;), the
OpCo Investors shall cause Parent and Merger Sub to comply with all of their applicable obligations under the Merger Agreement (it being
agreed that Authentic&rsquo;s obligation to effect the Authentic Contribution pursuant to Section&nbsp;4.2 (<U>Delivery of Merger Consideration</U>)
of the Merger Agreement and pursuant to the Letter of Direction shall be and remain the sole responsibility of Authentic). Upon the written
direction of Authentic, at the Closing, to the extent that the aggregate cash and cash equivalents of the Company and its Subsidiaries
equals or exceeds $151,000,000 at such time (such cash and cash equivalents in excess of $151,000,000 being &ldquo;<B><U>Excess Company
Cash</U></B>&rdquo;), the OpCo Investors shall, at or after the Closing, cause the Company and its Subsidiaries to transfer such Excess
Company Cash to the Paying Agent as directed by Authentic. For the avoidance of doubt, any transfer of the Excess Company Cash to the
Paying Agent shall not be permitted without the prior written consent of Authentic. The Company and its Subsidiaries shall retain all
cash and cash equivalents as of the Closing up to $151,000,000 and, for the avoidance of doubt, in the event the Company and its Subsidiaries
have less than $151,000,000 in cash and cash equivalents as of the Closing, Authentic will have no obligation to contribute additional
cash to the Company and its Subsidiaries as a result of such deficit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.2.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
accrued and unpaid dividend equivalents credited pursuant to the applicable award terms, together with any accrued and unpaid amounts
credited in respect of any dividend or distribution, in each case, with respect to the vested portion of any Company PSU, Company RSU
or Company RSA immediately prior to the Effective Time and any employment, payroll or similar Taxes related to such dividend equivalents
(&ldquo;<B><U>Accrued Dividend Equivalent Payments</U></B>&rdquo;) shall be paid by the Surviving Corporation pursuant to Section&nbsp;4.3(b)-(d)&nbsp;(<U>Treatment
of Company Equity Awards</U>) of the Merger Agreement and shall not, for the avoidance of doubt, be considered or included in the Merger
Consideration or as a Transaction Expense. Neither the Authentic Contribution nor any Excess Company Cash shall be utilized to pay the
Accrued Dividend Equivalent Payments, which shall not be borne by Authentic, Company Swiss IPCo or Company US IPCo. The Surviving Corporation
shall be solely responsible for paying (or causing to be paid) the Accrued Dividend Equivalent Payments with the available cash of the
Company and its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.2.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall indemnify and hold harmless the Investors, Parent, Merger Sub and the Surviving Corporation from any and all Authentic Liabilities.
For purposes of this Agreement, &ldquo;<B><U>Authentic Liabilities</U></B>&rdquo; shall mean (a)&nbsp;solely those liabilities of Parent
and Merger Sub to the extent that they result from, or arise out of Fraud or material breach by Parent or Merger Sub of any covenant
in the Merger Agreement prior to the Parent Equity Transfer Effective Time, and (b)&nbsp;any Losses resulting from or arising out of
Fraud or material breach of the representations and warranties of Parent and Merger Sub set forth in Article&nbsp;VI of the Merger Agreement
prior to or as of the Parent Equity Transfer Effective Time, in the case of clauses (a)&nbsp;and (b), to the extent that such breach
is not caused by or attributable to any breach of this Agreement by an Investor or to any breach of any other Transaction Document by
the Investors and their Affiliates to which they are a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.2.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;To
the extent that Authentic, Parent or Merger Sub become responsible for any Losses resulting from claims by or on behalf of the Company
under the Merger Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;each
Investor (a &ldquo;<B><U>Defaulting Investor</U></B>&rdquo;) shall be responsible for such Losses to the extent arising from, in connection
with, or as a result of (x)&nbsp;any Fraud or material breach by Parent or Merger Sub of the Merger Agreement following the Parent Equity
Transfer Effective Time or (y)&nbsp;any Fraud or material breach by such Investor of such Investor&rsquo;s obligations under this Agreement
or under any other Transaction Document to which it is a party (including to the extent it is otherwise liable for any breach of any
other Transaction Document under the terms of this <U>Section&nbsp;2.2</U>); <U>provided</U>, the obligations of the Defaulting Investors
shall be joint and several other than with respect to the obligations of the CA Investors, which shall be (A)&nbsp;several (and not joint)
from the other Defaulting Investors and (B)&nbsp;joint and several among the CA Investors with respect to the other CA Investors; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall be responsible for such Losses to the extent arising from, in connection with, or as a result of any Fraud or material breach by
Authentic of any of its obligations under the Merger Agreement, this Agreement or under any other Transaction Document to which it is
a party (including to the extent it is otherwise liable for any breach of any other Transaction Document under the terms of this <U>Section&nbsp;2.2</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.2.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;For
the avoidance of doubt, the Surviving Corporation shall be solely responsible for all Taxes associated with the exercise, vesting and/or
settlement of Company Equity Awards held by the Rolling Stockholders that are exercised, vested and/or settled on or prior to the Effective
Time and neither the Authentic Contribution nor any Excess Company Cash shall be utilized to pay such Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Actions
with Respect to the Pre-Closing Restructuring</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.3.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall not amend or consent to any amendment, modification or waiver of the Pre-Closing Restructuring Plan (including the Phase I Restructuring),
which is attached as Exhibit&nbsp;B to the Merger Agreement, or the provisions or exhibits of the Merger Agreement related thereto, without
the prior written consent of the Investor Representative, such consent not to be unreasonably withheld, conditioned or delayed. Neither
Authentic nor the Investors shall amend, modify or waive the Authentic&nbsp;&amp; Investors Pre-Closing Restructuring Plan (as defined
below) or the provisions of this Agreement related thereto, without the prior written consent of the other party, such consent not to
be unreasonably withheld, conditioned or delayed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.3.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Without
limiting the rights of the parties under <U>Section&nbsp;2.3.1</U>, each of the Investors and Authentic shall, and shall cause its applicable
Affiliates (which, following the Parent Equity Transfer, will include Parent and Merger Sub, with respect to the OpCo Investors) to,
effect the transactions (to the extent such transactions are to be effected by such Person) set forth in (i)&nbsp;the Pre-Closing Restructuring
Plan (including the Phase I Restructuring) in accordance with the Merger Agreement and Voting Agreement and (ii)&nbsp;the transactions
set forth on <U>Exhibit&nbsp;A</U> attached hereto, including taking the steps in accordance with the steps plan set forth thereon (such
schedule, the &ldquo;<B><U>Authentic&nbsp;&amp; Investors Pre-Closing Restructuring Plan</U></B>&rdquo; and such transactions and steps,
the &ldquo;<B><U>Authentic&nbsp;&amp; Investors Pre-Closing Restructuring</U></B>&rdquo;) in accordance with this Agreement. Each Investor
and Authentic shall, and each shall cause its applicable Affiliates (which, following the Parent Equity Transfer Effective Time, shall
include Parent and Merger Sub, with respect to the OpCo Investors) to, as promptly as practicable (and in any event, in a manner and
at a time that will not and would not reasonably be expected to delay the Condition Satisfaction Date or the Closing Date), deliver drafts
of the Pre-Closing Restructuring Documentation and all agreements and other documents required to consummate the Authentic&nbsp;&amp;
Investors Pre-Closing Restructuring (such agreements and documents, the &ldquo;<B><U>Authentic&nbsp;&amp; Investors Pre-Closing Restructuring
Documentation</U></B>&rdquo;) to Authentic or the Investors, respectively, for their review and implement any timely comments made by
the other party in good faith, so long as any such comments (i)&nbsp;proposed by Authentic do not adversely affect such Investor, Company
Swiss IPCo, Company US IPCo,&nbsp;IPCo Holdings or any of their respective Affiliates in any material respect, or (ii)&nbsp;proposed
by the Investors do not adversely affect Authentic or its Affiliates (including Company Swiss IPCo and Company US IPCo) in any material
respect (it being understood that such comments must be consistent with the Pre-Closing Restructuring Plan (including the Phase I Restructuring)
or the Authentic&nbsp;&amp; Investors Pre-Closing Restructuring Plan, as applicable).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.3.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Investors shall not, and shall cause their applicable Affiliates (including, in the case of the OpCo Investors, Parent and Merger Sub
following the Parent Equity Transfer Effective Time) not to, execute any Pre-Closing Restructuring Documentation or Authentic&nbsp;&amp;
Investors Pre-Closing Restructuring Documentation without the prior written consent of Authentic, such consent not to be unreasonably
withheld, conditioned or delayed. Authentic shall not, and shall cause its applicable Affiliates (including Parent and Merger Sub prior
to the Parent Equity Transfer Effective Time) not to, execute any Pre-Closing Restructuring Documentation or Authentic&nbsp;&amp; Investors
Pre-Closing Restructuring Documentation without the prior written consent of the Investor Representative, such consent not to be unreasonably
withheld, conditioned or delayed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Actions
with Respect to Funding the Transactions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.4.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
and the Investors shall cooperate in good faith to prepare and execute documentation, which shall be mutually agreed, regarding each
loan from Authentic or one of its Affiliates to one or more controlled Affiliates of the Investors in accordance with the Authentic&nbsp;&amp;
Investors Pre-Closing Restructuring Plan (such loans collectively, the &ldquo;<B><U>Investor Loans</U></B>&rdquo; and such documentation
collectively, the &ldquo;<B><U>Investor Loans Documentation</U></B>&rdquo;) prior to the Closing pursuant to the terms set forth on <U>Exhibit&nbsp;B</U>
attached hereto (collectively, the &ldquo;<B><U>Investor Loans Terms</U></B>&rdquo;). Authentic and the Investors shall fully comply
with their respective applicable obligations under the Investor Loans Documentation in all respects, including the funding by Authentic
of the Investor Loans pursuant to the terms and conditions of the Investor Loans Documentation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.4.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Investors and Authentic shall cooperate in good faith to prepare and finalize the Letter of Direction for the funding contemplated therein,
herein and in the Merger Agreement as promptly as practicable and, in any event, prior to the time set forth in Section&nbsp;2.2 (<U>Letter
of Direction</U>) of the Merger Agreement, and the Investors and Authentic shall comply with their respective obligations under the Letter
of Direction in all respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.4.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Investors shall, and the OpCo Investors shall cause Parent or its applicable Affiliates (including Merger Sub and, after the Closing,
the Surviving Corporation and its Subsidiaries) to, utilize the proceeds of the Investor Loans, the purchase price paid by Authentic
for the Authentic Acquired IPCo Equity, the purchase price paid by Investor Holdings for the Investor Acquired IPCo Equity (if applicable),
and the proceeds of the Deficit Amount Payoff (if applicable), to consummate the Debt Payoff in all respects and to fulfill Parent&rsquo;s
obligations to deposit sufficient cash in the Exchange Fund for the payment in full of the aggregate amount of the Merger Consideration
to be paid pursuant to the terms of the Merger Agreement (in all cases in accordance with the Letter of Direction and contingent on Authentic
providing the Authentic Contribution required under the Letter of Direction and Section&nbsp;2.2 (<U>Letter of Direction</U>) of the
Merger Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.4.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;For
purposes of determining the amounts payable with respect to the Equity Purchases described in Section&nbsp;2.1(e)&nbsp;(<U>Purchase of
Acquired IPCo Equity</U>) of the Merger Agreement, the aggregate value of Company Swiss IPCo and Company US IPCo shall be assumed to
be equal to, without duplication, (i)&nbsp;the Merger Consideration, <I>plus </I>(ii)&nbsp;a value equal to the number of Rollover Shares
as of the Closing (taking into account the exercise, vesting or settlement of the Company Equity Awards held by the Investors pursuant
to <U>Section&nbsp;4.3</U> (<U>Treatment of Company Equity Awards</U>) of the Merger Agreement (except that the Investors may elect to
exercise applicable Company Equity Awards for cash notwithstanding anything to the contrary in the Merger Agreement)) <I>multiplied by</I>
the Per Share Merger Consideration (as adjusted pursuant to Section&nbsp;4.4 (Adjustments to Prevent Dilution) of the Merger Agreement,
if applicable), <I>plus</I> (iii)&nbsp;the Net Convertible Note Payments (estimated as of Closing), <I>plus</I> (iv)&nbsp;the lesser
of (x)&nbsp;the cash required for the Debt Payoff and (y)&nbsp;$118,100,000, <I>plus</I> (v)&nbsp;the Transaction Expenses (other than
the Net Convertible Note Payments) incurred at or prior to Closing <I>minus</I> (vi)&nbsp;any Excess Company Cash (collectively, the
&ldquo;<B><U>IPCo Value</U></B>&rdquo;). Prior to Closing, Authentic and the Investors shall determine the allocation of the IPCo Value
among Company Swiss IPCo and Company US IPCo. For purposes of this Agreement, &ldquo;<B><U>Net Convertible Note Payments</U></B>&rdquo;
means amounts required to be paid in respect of the Convertible Notes, together with any obligations that become owed under the Convertible
Hedge Warrants (net of any amounts payable to the Surviving Corporation under the Convertible Hedge Call Options), in each case, from
and after the Closing or otherwise in connection with the transactions contemplated by the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.4.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
later than 10 Business Days prior to the Condition Satisfaction Date, the Investors may deliver written notice of their intent to consummate
the Investor Equity Purchase. Such notice shall include (i)&nbsp;the identity of Investor Holdings, (ii)&nbsp;the percentage of the equity
interests of Company Swiss IPCo and Company US IPCo (which percentage shall be the same for Company Swiss IPCo and Company US IPCo) to
be acquired in the Investor Equity Purchase, (iii)&nbsp;the value of the equity interests described in clause (ii), based on the IPCo
Value, which value, for the avoidance of doubt, may not exceed the amount of the Investor Loan made to Investor Holdings at Closing,
and (iv)&nbsp;a certification by an officer of Investor Holdings that the designation described in clause (i)&nbsp;that the designation
of Investor Holdings is permitted under Section&nbsp;12.10(c)&nbsp;(<U>Successors and Assigns</U>) of the Merger Agreement. If the foregoing
notice is delivered, Authentic and the Investors shall cooperate to ensure that notice is provided to the Company pursuant to the Merger
Agreement and that the Investor Equity Purchase is consummated and properly reflected in the Letter of Direction. If no such notice is
delivered 10 Business Days prior to the Condition Satisfaction Date, Parent shall not deliver notice to the Company under Section&nbsp;2.1(e)(ii)&nbsp;(<U>Purchase
of Acquired IPCo Equity</U>) of the Merger Agreement and the Investor Equity Purchase shall not occur. For the avoidance of doubt, immediately
following the consummation of the Investor Equity Purchase, the Investors shall own (directly or indirectly), in the aggregate, 49% of
Company Swiss IPCo and Company US IPCo (in each case, except to the extent Authentic acquires additional equity interests of Company
Swiss IPCo and Company US IPCo pursuant to a Deficit Amount Payoff in accordance with <U>Section&nbsp;2.11.4</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.4.6.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Prior
to the Closing, the Investors shall use commercially reasonable efforts to obtain, as of immediately following the Closing, third-party
debt financing for the Company and its Subsidiaries in an amount sufficient to fund its operations and finance the Excess Company Debt,
which may be accomplished through a Permitted Roll Forward. Authentic shall use commercially reasonable efforts to cooperate with the
Investors prior to and through the Closing in connection with the arranging, obtaining and consummating of such third-party debt financing
(including in connection with any Permitted Roll Forward), including negotiating in good faith with existing or prospective third-party
debt financing sources a side letter to the License Agreement addressing the sale of inventory in accordance with the terms of the License
Agreement in connection with an event of default under the financing agreement. For purposes of this Agreement, a &ldquo;<B><U>Permitted
Roll Forward</U></B>&rdquo; means any roll forward of the Excess Company Debt as an obligation solely of the Surviving Corporation and
its Subsidiaries (excluding Company Swiss IPCo and Company US IPCo), which shall not be permitted unless (1)&nbsp;all of the following
are delivered in connection with the Permitted Roll Forward: (x)&nbsp;customary documentation reasonably satisfactory to Authentic, pursuant
to which the creditors party thereto (or agent on behalf thereof) agree that all liens and credit support) related thereto (if any) will
be discharged and automatically released at Closing in respect of the Company IPCo Assets, Company Swiss IPCo or Company US IPCo; and
(y)&nbsp;customary guarantee or lien release documentation reasonably satisfactory to Authentic, pursuant to which all of the obligations
of Company Swiss IPCo and Company US IPCo (including as a borrower or guarantor) thereunder, if any, will be terminated at Closing and
all Encumbrances thereunder on the equity interests in Company Swiss IPCo and Company US IPCo and on the Company IPCo Assets, if any,
will be released at Closing (such documentation in clauses (x)&nbsp;and (y), &ldquo;<B><U>Permitted Roll Forward Documents</U></B>&rdquo;)
and (2)&nbsp;the Investors deliver to Authentic substantially final drafts of any Permitted Roll Forward Documents, if applicable, no
later than three Business Days prior to the Condition Satisfaction Date and the executed copies of which are delivered to Authentic in
escrow no later than one Business Day prior to the Closing (clauses (1)&nbsp;and (2)&nbsp;collectively, the &ldquo;<B><U>Permitted Roll
Forward Requirements</U></B><U>&rdquo;</U>). Regardless of the Investors&rsquo; ability to obtain such debt financing for the Surviving
Corporation and its Subsidiaries, but without limiting the obligations of Company Swiss IPCo and Company US IPCo under the Investor Loan
Documentation, and subject to Sections <U>2.11.4</U> and <U>2.11.5</U>, all of the Indebtedness of the Company Group (as defined in the
Post-Closing Agreement Term Sheet) (other than amounts repaid in the Debt Payoff and pursuant to the Net Convertible Note Payments) and
any other OpCo Liabilities (as defined in the Post-Closing Agreement Term Sheet) will remain the sole responsibility of the OpCo Group
(as defined in the Post-Closing Agreement Term Sheet). The Investors acknowledge that the transactions contemplated by the Merger Agreement
are not subject to any financing condition. Authentic acknowledges that the Investors require the Investor Loans in order to satisfy
Parent&rsquo;s obligations under the Merger Agreement. If a Permitted Roll Forward is requested in writing by the Investors prior to
the Closing and such Permitted Roll Forward satisfies in full all Permitted Roll Forward Requirements, Authentic shall waive its right
to receive Debt Payoff Documents solely with respect to the portion of the Debt Payoff that is subject to a Permitted Roll Forward under
Section&nbsp;8.18 (<U>Debt Payoff Documents</U>) of the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Company
IPCo JV Agreements</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.5.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
and the Investors shall execute, concurrently with the Closing, a stockholders agreement regarding the governance of Company Swiss IPCo
(the &ldquo;<B><U>Company Swiss IPCo SHA</U></B>&rdquo;), which shall be in substantially the form set forth on <U>Exhibit&nbsp;C</U>
attached hereto (as may be updated to reflect any mandatory requirements of the laws of Switzerland, which shall be negotiated by the
parties in good faith as promptly as reasonably practicable following the date hereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.5.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
and the Investors shall execute, concurrently with the Closing, an amended and restated operating agreement regarding the governance
of Company US IPCo (together with the Company Swiss IPCo SHA, the &ldquo;<B><U>Company IPCo JV Agreements</U></B>&rdquo;), which shall
be negotiated by the parties in good faith as promptly as practicable and shall be substantially on the form of the Company Swiss IPCo
SHA set forth on <U>Exhibit&nbsp;C</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.6.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>License
Agreement</U>. Authentic and the Investors shall execute, concurrently with the Closing, a license agreement with respect to the Company
IPCo Assets, which shall be in substantially the form set forth on <U>Exhibit&nbsp;D</U> attached hereto (the &ldquo;<B><U>License Agreement</U></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.7.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Post-Closing
Agreement Term Sheet</U>. Authentic and the Investors shall cooperate in good faith to negotiate and shall execute, concurrently with
the Closing, a post-Closing agreement, which shall reflect the terms set forth on <U>Exhibit&nbsp;E</U> attached hereto (the &ldquo;<B><U>Post-Closing
Agreement Term Sheet</U></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.8.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Transaction
Litigation, Appraisal Rights and Exchange Fund</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.8.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall promptly provide to the Investor Representative copies of any and all notices and other communications received by Authentic from
the Company under Section&nbsp;8.14 (<U>Transaction Litigation</U>) of the Merger Agreement, and shall keep the Investor Representative
reasonably informed on a reasonably current basis of any further information provided by the Company in connection with any Transaction
Litigation pursuant to Section&nbsp;8.14 (<U>Transaction Litigation</U>) of the Merger Agreement and of any other material developments
relating to any Transaction Litigation. Authentic shall additionally request that the Company include the Investor Representative in
any consultation with the Company with respect to the defense or settlement of any Transaction Litigation. Each Investor and Authentic
shall jointly cooperate with each other in connection with any Transaction Litigation including (a)&nbsp;timely consulting with each
other and the Company with respect to the defense or settlement of any Transaction Litigation and (b)&nbsp;mutually considering in good
faith the advice of each other and of the Company with respect to the defense or settlement of any Transaction Litigation, in each case
only to the extent that attorney-client privilege between each party and its counsel is not jeopardized. Authentic shall not (and, prior
to the Parent Equity Transfer Effective Time, shall cause Parent and Merger Sub not to) settle or agree to settle any Transaction Litigation
without the prior written consent of the Investor Representative; provided that consent shall not be required for any settlements that
do not include an admission of liability or wrongdoing on the part of any party not participating in such settlement, and impose only
the payment of monetary damages on Authentic. The Investors shall not (and, following the Parent Equity Transfer Effective Time, shall
cause Parent and Merger Sub not to) settle or agree to settle any Transaction Litigation without the prior written consent of Authentic;
provided that consent shall not be required for any settlements that do not include an admission of liability or wrongdoing on the part
of any party not participating in such settlement, and impose only the payment of monetary damages on the Investors entering into such
settlement. If, at any time at and after the Closing, any amounts become due and payable to any third parties in respect of any Transaction
Litigation (whether as a result of a settlement entered into in accordance with this Section&nbsp;2.8.1 or pursuant to an Order or otherwise),
Authentic shall pay all such amounts to such third parties (regardless of whether such amounts are owed pursuant to such settlement or
Order directly by Authentic, any Investors, Parent, the Company, any Indemnified Parties or any of its or their Affiliates) in accordance
with the applicable terms; <U>provided</U>, that the principal under the Investor Loans in accordance with the Investor Loan Terms shall
be increased by the Investors&rsquo; Pro Rata Portion of such amounts actually paid by Authentic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.8.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall promptly provide to the Investor Representative copies of any and all notices and other communications received by Authentic from
the Company under Section&nbsp;4.2(f)&nbsp;(<U>Appraisal Rights</U>) of the Merger Agreement, including copies of any written demands
for appraisal, actual, attempted or purported withdrawals of such demands, and any other documents shared by the Company in connection
therewith. Authentic and the Investors shall jointly cooperate in connection with the direction of any negotiations and Proceedings with
respect to any demand for appraisal under the DGCL, including (a)&nbsp;any determination to make any payment or deposit with respect
to any of the Dissenting Stockholders with respect to any of their Dissenting Shares under Section&nbsp;262(h)&nbsp;of the DGCL prior
to the entry of judgment in the Proceedings regarding appraisal and (b)&nbsp;entering into any Contracts with any such Dissenting Stockholders
relating thereto. Authentic shall not (and, prior to the Parent Equity Transfer Effective Time, shall cause Parent and Merger Sub not
to) consent to the Company voluntarily making any payment or deposit with respect to any demands for appraisals, offering to settle or
settling any such demands or approving any withdrawal of any such demands, or agreeing, authorizing or committing to do any of the foregoing,
in each case without the prior written consent of the Investor Representative. The Investors shall not (and after the Parent Equity Transfer
Effective Time shall cause Parent and Merger Sub not to) consent to the Company (and after the Closing shall cause the Surviving Corporation
not to) voluntarily making any payment or deposit with respect to any demands for appraisals, offering to settle or settling any such
demands or approving any withdrawal of any such demands, or agreeing, authorizing or committing to do any of the foregoing, in each case
without the prior written consent of Authentic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.8.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If,
at any time from and after the Closing, the Exchange Fund does not contain sufficient funds to pay the Per Share Merger Consideration
as contemplated by Section&nbsp;4.1(a)&nbsp;(<U>Merger Consideration</U>) of the Merger Agreement, or to pay any amount due to any Dissenting
Stockholder who becomes entitled to receive the Per Share Merger Consideration or any other amount from Authentic, Parent or the Surviving
Corporation (or any of their Affiliates, including the Investors) pursuant to a final resolution of its claims, Authentic shall, on behalf
of Parent, either (x)&nbsp;deposit with the Paying Agent such additional amounts in cash in immediately available funds so as to ensure
that the Exchange Fund is maintained at a level sufficient to make such cash payments or (y)&nbsp;pay such additional amounts in cash
to Parent or as directed by Parent in order to enable Parent and the Surviving Corporation to comply with their obligations under the
Merger Agreement and applicable Law (including in respect of any payment resulting from the final resolution of any claims by any Dissenting
Stockholder in accordance with this Agreement and the Merger Agreement); <U>provided</U>, that the principal under the Investor Loans
in accordance with the Investor Loan Terms shall be increased by the Investors&rsquo; Pro Rata Portion of such amounts actually paid
by Authentic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.9.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Actions
with Respect to SEC Filings</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.9.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall provide the Investor Representative and its Representatives with a reasonable opportunity to review and comment on drafts of the
Proxy Statement it receives from the Company (including any amendments or supplements thereto) and other documents and communications
related to the Company Stockholders Meeting, and shall include in its comments to the Proxy Statement (including any amendments or supplements
thereto) and such other documents and communications and any comments thereto reasonably proposed by the Investor Representative and
the Investors&rsquo; Representatives. Authentic shall not approve (or permit Parent to approve) the inclusion of any information relating
to Parent or the Investors in the Proxy Statement (or any amendment or supplement thereto) unless such information is in form and content
reasonably satisfactory to the Investor Representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.9.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall provide Investor Representative with a reasonable opportunity to review and comment on drafts of the Schedule 13E-3 (including
any amendments thereto) and shall include in the Schedule 13E-3 any comments thereto reasonably proposed by the Investor Representative
and the Investors&rsquo; Representatives. Each Investor agrees that all information relating to such Investor, its Affiliates and its
and their respective Representatives included in the Schedule 13E-3 shall be in form and content reasonably satisfactory to Authentic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.9.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall promptly notify the Investors if it or the Company (or, prior to the Parent Equity Transfer Time, Parent) makes any notification
required under Section&nbsp;8.5(a)(iii)&nbsp;(<U>Proxy Statement; Schedule 13E-3</U>) of the Merger Agreement and shall otherwise comply
with the provisions thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.9.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall notify the Investor Representative of the receipt of any comments from the SEC with respect to the Proxy Statement or the Schedule
13E-3 and of any request by the SEC for any amendment or supplement to the Proxy Statement or the Schedule 13E-3 or for additional information
and shall as promptly as reasonably possible following receipt thereof provide the Investor Representative with copies of all written
correspondence with the SEC with respect to the Proxy Statement or the Schedule 13E-3 (or where the correspondence is not written, a
reasonably detailed description thereof). Authentic and the Investors shall jointly cooperate to provide responses to the SEC with respect
to any such comments, and to provide the other party and its Representatives a reasonable opportunity to participate in any discussions
or meetings with the SEC (or portions of any such discussions or meetings that relate to the Proxy Statement or the Schedule 13E-3) unless
pursuant to telephone call initiated by the SEC, all in accordance with Section&nbsp;8.5(a)(v)&nbsp;<U>(Proxy Statement; Schedule 13E-3</U>)
of the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.9.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall not approve (or permit Parent to approve) the filing of the Proxy Statement (or any amendment or supplement thereto) or the Schedule
13E-3 (or any amendment or supplement thereto) without the prior written consent of the Investor Representative, such consent not to
be unreasonably withheld, conditioned or delayed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.10.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Actions
with Respect to Regulatory Matters</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.10.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
and the Investor Representative shall cooperate and consult with each other in good faith in connection with the preparation and delivering
or submitting of all filings and notices required to be submitted by Authentic, the Company or the Investors in respect of the transactions
contemplated by the Merger Agreement (collectively, the &ldquo;<B><U>Filings</U></B>&rdquo;). Authentic shall provide the Investor Representative
with a reasonable opportunity to review and comment on all draft Filings to be filed by Authentic, and shall not submit such Filings
without the prior written consent of the Investor Representative, such consent not to be unreasonably withheld, conditioned or delayed.
The Investors shall provide Authentic with a reasonable opportunity to review and comment on all draft Filings to be filed by the Investors,
and shall not submit such Filings without the prior consent of Authentic, such consent not to be unreasonably withheld, conditioned or
delayed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.10.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Investor shall cooperate in good faith with Authentic to provide any information about such Investor that is reasonably necessary to
prepare the Filings or to respond to any request for information and documents by any Governmental Entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.10.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything to the contrary contained in this Agreement or the Merger Agreement, (x)&nbsp;in no event shall Authentic or any of its Affiliates
be required to, (y)&nbsp;Authentic shall not, without the Investor Representative&rsquo;s prior written consent (with respect to actions
related to the Company, Parent or any of their respective Affiliates), and (z)&nbsp;the Investors and their Affiliates shall not, without
Authentic&rsquo;s prior written consent: offer, negotiate, agree to, commit to or effect, by consent decree, hold separate order or otherwise,
(I)&nbsp;the sale, lease, license, divestiture or disposition of any assets, rights, intellectual property, product lines, or businesses
of the Company, Authentic, Parent or any of their respective Affiliates, (II)&nbsp;the termination of existing relationships, contractual
rights or obligations of the Company, Authentic, Parent or any of their respective Affiliates, (III)&nbsp;the termination of any venture
or other arrangement, (IV)&nbsp;the creation of any relationship, contractual rights or obligations of the Company, Authentic, Parent
or any of their respective Affiliates, (V)&nbsp;the effectuation of any other change or restructuring of the Company, Authentic, Parent
or any of their respective Affiliates, (VI)&nbsp;any actions or commitments (including committing to seek prior approval from any Governmental
Entity for any future transaction) with respect to the businesses, product lines or assets of the Company, Authentic, Parent or any of
their respective Affiliates that after the Closing Date would limit the Company&rsquo;s, Authentic&rsquo;s, Parent&rsquo;s or its or
any of their Affiliates&rsquo; freedom of action with respect to, or its or their ability to retain or freely operate, one or more of
the businesses, licenses, rights, product lines, or assets of Authentic, Parent, the Company, or any of their respective Affiliates or
(VII)&nbsp;any other remedy, condition, commitment or undertaking of any kind; <U>provided</U>, <U>however</U>, that in the event that
the Company can sell, lease, license, divest or dispose of any assets pursuant to Section&nbsp;8.5(b)&nbsp;(<U>Other Regulatory Matters</U>)
of the Merger Agreement in order to obtain a Required Regulatory Approval, Authentic and the Investors agree that (x)&nbsp;Authentic
will offer the Investors the option to either (A)&nbsp;exclude the relevant Company IPCo Assets from the transfer to Company Swiss IPCo
and Company US IPCo in the Pre-Closing Restructuring or (B)&nbsp;permit Parent and the Company to effect the sale, lease, license, divestiture
or disposition of such Company IPCo Assets to a third party (an action referred to in clause (A)&nbsp;or (B), a &ldquo;<B><U>Regulatory
Remedy</U></B>&rdquo;) and (y)&nbsp;in the event that such assets are either sold, leased, licensed, divested or disposed of to a third-party
or excluded from the transfer pursuant to a Regulatory Remedy, Authentic and the Investors shall cooperate and negotiate in good faith
to make such modifications to the Pre-Closing Restructuring Documentation, the Authentic&nbsp;&amp; Investors Pre-Closing Restructuring
Documentation and any other Transaction Documents as are reasonably necessary or appropriate to implement, and reflect the impact of,
such Regulatory Remedy and the exclusion of such Company IPCo Assets from the transfer to Company Swiss IPCo and Company US IPCo, including
appropriate amendments to the GMR (as defined in the License Agreement) payable thereunder (and other economic terms thereof) in order
to reflect the impact of such Regulatory Remedy on the economic interests of Authentic and the Investors contemplated by the Transaction
Documents. Any Regulatory Remedy will be conditioned upon the consummation of the transactions contemplated by the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 10; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.10.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
and the Investors shall grant each other and the Company the right to review in advance and, to the extent practicable, each shall consult
with each other and the Company on and consider in good faith the views of the other in connection with, all the information relating
to Parent, Authentic, the Company or the Investors, as the case may be, any of their respective Affiliates and any of its or their respective
Representatives, that appears in any filing made with, or written materials delivered or submitted to, any Governmental Entity in connection
with the transactions contemplated by this Agreement and the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.10.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Subject
to <U>Section&nbsp;2.12</U>, each party shall be responsible for making the payment of such party&rsquo;s Regulatory Filing Fees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.11.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Actions
with Respect to Convertible Notes, Convertible Hedge Call Options, Convertible Warrants and Debt Payoff</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.11.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Prior
to the Parent Equity Transfer Effective Time, the Investors shall cooperate with Authentic and the Company in connection with the treatment
of Convertible Hedge Call Options and the Convertible Hedge Warrants pursuant to Section&nbsp;8.17(b)&nbsp;(<U>Convertible Hedge Call
Options; Convertible Hedge Warrants</U>) of the Merger Agreement. Authentic shall additionally keep the Investor Representative reasonably
informed of any communications made by the Company to Authentic with respect to the Convertible Hedge Call Options and the Convertible
Hedge Warrants, and shall not provide any consents pursuant to Section&nbsp;8.17(b)&nbsp;(<U>Convertible Hedge Call Options; Convertible
Hedge Warrants</U>) of the Merger Agreement without the prior written consent of the Investor Representative (which shall not be unreasonably
withheld, conditioned or delayed).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.11.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;To
the extent provided prior to the Parent Equity Transfer Effective Time, Authentic shall promptly provide to the Investor Representative
copies of all drafts of the Debt Payoff Documents it receives from the Company under Section&nbsp;8.18 (<U>Debt Payoff Documents</U>)
of the Merger Agreement and all draft notices or other documents it receives from the Company under Section&nbsp;8.17(a)&nbsp;(<U>Convertible
Notes</U>) of the Merger Agreement (the &ldquo;<B><U>Convertible Note Documents</U></B>&rdquo;). Authentic shall consult with the Investor
Representative regarding the Debt Payoff Documents and Convertible Note Documents, provide the Investor Representative with a reasonable
opportunity for review and give due consideration to, and reflect, any reasonable comments of the Investor Representative in Authentic&rsquo;s
comments to any Debt Payoff Documents and Convertible Note Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.11.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Investors shall cooperate with Authentic and the Company in order to facilitate Authentic&rsquo;s, Parent&rsquo;s and Merger Sub&rsquo;s
compliance in all material respects with Section&nbsp;8.17 (<U>Convertible Notes; Convertible Hedge Call Options; Convertible Hedge Warrants</U>)
of the Merger Agreement, including providing such information as may be reasonably requested in connection therewith and, from and after
the Parent Equity Transfer Effective Time, satisfying the obligations of Parent set forth in Section&nbsp;8.17 (<U>Convertible Notes;
Convertible Hedge Call Options; Convertible Hedge Warrants</U>) of the Merger Agreement. Subject to <U>Section&nbsp;2.11.5</U>, each
Investor agrees that such Investor shall comply with the obligations of Parent or Merger Sub set forth in Section&nbsp;8.17 (<U>Convertible
Notes; Convertible Hedge Call Options; Convertible Hedge Warrants</U>) of the Merger Agreement as if all references to Parent and Merger
Sub therein were instead to such Investor; provided, however, that nothing herein shall require the Investors to make any payment with
respect to the Convertible Notes, the Convertible Hedge Call Options or the Convertible Hedge Warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 11; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.11.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
amount of the Debt Payoff that exceeds $118,100,000 in the aggregate (the &ldquo;<B><U>Debt Cap</U></B>&rdquo; and such amounts in excess
of the Debt Cap, &ldquo;<B><U>Excess Company Debt</U></B>&rdquo;) shall be the sole responsibility of the Surviving Corporation, and
the OpCo Investors shall use their commercially reasonable efforts to cause the Surviving Corporation to deliver to the Paying Agent
at the Closing an amount of cash sufficient to repay the Excess Company Debt (which amount shall constitute part of the Authentic Contribution),
or otherwise consummate a Permitted Roll Forward. If the Surviving Corporation (or, at the OpCo Investors&rsquo; election, the OpCo Investors
or an Affiliate thereof) does not deliver sufficient cash to repay the Excess Company Debt at Closing or otherwise consummate a Permitted
Roll Forward, the OpCo Investors must provide prior written notice to Authentic at least 20 Business Days prior to the Closing, which
written notice shall specify the amount of Excess Company Debt which the Surviving Corporation is unable to so repay or roll forward
in a Permitted Roll Forward (the &ldquo;<B><U>Deficit Amount</U></B>&rdquo;). Following receipt of such notice, Authentic shall have
the right, but not the obligation, to acquire additional equity interests of Company Swiss IPCo and Company US IPCo in the Authentic
Equity Purchase with an aggregate value equal to the Deficit Amount (based on the IPCo Value), the proceeds of which shall be deposited
with the Paying Agent (and used for the purposes specified in Section&nbsp;4.2 (<U>Delivery of Merger Consideration</U>) of the Merger
Agreement) (such transaction, the &ldquo;<B><U>Deficit Amount Payoff</U></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.11.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If,
at any time from and after the Closing, Parent or the Surviving Corporation is required to make any payments pursuant to the Convertible
Notes Indenture or the Convertible Hedge Warrants Documentation, subject to <U>Section&nbsp;2.12</U>, Authentic shall deliver or cause
to be delivered to the Paying Agent an amount of cash sufficient to pay any Net Convertible Note Payments, in compliance with the terms
of this Agreement, the Merger Agreement, the Convertible Notes Indenture and the Convertible Hedge Warrants Documentation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.12.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Expense
Sharing Provisions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.12.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
the Closing occurs:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
of Authentic, on the one hand, and the Investors, on the other hand, shall bear their respective Pro Rata Portion of all Transaction
Expenses incurred by Authentic, the Company, the Investors, Parent and Merger Sub in connection with the transactions contemplated by
this Agreement, the Merger Agreement and the other Transaction Documents, in each case in the manner set forth in this <U>Section&nbsp;2.12.1;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;To
the extent Authentic directly pays any Transaction Expenses at any time (including any payments under Section&nbsp;2.12.1(iii)&nbsp;and
any reimbursements under Section&nbsp;2.12.1(iv)), the principal under the Investor Loans in accordance with the Investor Loan Terms
shall be increased by the Investors&rsquo; Pro Rata Portion of such Transaction Expenses that were actually paid or reimbursed by Authentic;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(iii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;To
the extent any Investor or the Company directly pays any Transaction Expenses on or prior to the Closing, Authentic shall, immediately
following the Closing, reimburse such Investor or the Company for the full amount of such Transaction Expenses actually paid by the Investors
or the Company, and Authentic shall be reimbursed for the Investors&rsquo; Pro Rata Portion of such Transaction Expenses in the manner
set forth in <U>Section&nbsp;2.12.1(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 12; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(iv)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;From
and after the Closing, Authentic shall pay, on behalf of Authentic, the Company and the Investors, all Transaction Expenses incurred
by any of them or their Affiliates that are or become due and payable at or after the Closing, and Authentic shall be reimbursed for
the Investors&rsquo; Pro Rata Portion of such Transaction Expenses in the manner set forth in <U>Section&nbsp;2.12.1(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.12.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
the Closing does not occur, all Transaction Expenses shall be paid for and borne by the party incurring such Transaction Expense. To
the extent Authentic receives the Termination Fee as a result of the termination of the Merger Agreement by Authentic pursuant to Section&nbsp;11.4(b)&nbsp;of
the Merger Agreement due to a Change of Recommendation resulting from an Intervening Event (a &ldquo;<B><U>Qualifying Termination Fee</U></B>&rdquo;),
Authentic shall pay the Investors an aggregate amount equal to the Investors&rsquo; Portion of the Qualifying Termination Fee in accordance
with this <U>Section&nbsp;2.12.2</U>; <U>provided</U>, <U>that</U>, such Intervening Event is not caused by or attributable to any act
or omission by an Investor. Upon receipt of a Qualifying Termination Fee, (i)&nbsp;such Qualifying Termination Fee shall be used to (a)&nbsp;first,
reimburse Authentic for the fees, costs and expenses, if any, incurred in connection with the recovery of such Qualifying Termination
Fee and (b)&nbsp;thereafter, reimburse Authentic and the Investors for all Third-Party Fees incurred solely in respect of legal and accounting
fees (for which an invoice has been provided) and (ii)&nbsp;thereafter, the remaining amount of such Qualifying Termination Fee shall
be divided between Authentic, on the one hand, and the Investors, on the other hand, two-thirds and one-third, respectively (such one-third
portion of the remaining amount of the Qualifying Termination Fee, the &ldquo;<B><U>Investors&rsquo; Portion</U></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.12.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
parties hereto acknowledge and agree that any Transaction Expense payments borne by (i)&nbsp;Authentic or (ii)&nbsp;Investor Holdings,
in each case, shall be treated as additional purchase price paid in the Equity Purchase (except, in the case of Investor Holdings, to
the extent the cash used to fund such Transaction Expenses is cash of Parent, Glow OpCo Holdings or any of their respective Subsidiaries),
and the parties shall, and shall cause their Affiliates (including Company Swiss IPCo and Company US IPCo) to file all Tax Returns consistent
therewith, and not to take any position contrary thereto in any audit or proceeding with respect to Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.12.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;At
least three Business Days prior to the Closing, each of Authentic and the Investors shall provide each other party with reasonable supporting
documentation of all Transaction Expenses incurred as of the Closing, including invoices for Third-Party Fees incurred as of the Closing.
Following the Closing, each of Authentic and the Investors shall provide each other party with reasonable supporting documentation of
any Transaction Expenses incurred following the Closing as promptly as reasonably practicable prior to when such Transaction Expense
becomes payable by such party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.12.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
obligations of the Investors under this <U>Section&nbsp;2.12</U> shall be joint and several other than with respect to the obligations
of the CA Investors, which shall be several (and not joint) from the other Investors; <U>provided further</U>, the obligations of each
CA Investor shall be joint and several with respect to the other CA Investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.12.6.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;For
purposes of this Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&ldquo;<B><U>Pro
Rata Portion</U></B>&rdquo; shall mean each party&rsquo;s <I>pro rata</I> share of the equity interests of Company Swiss IPCo as set
forth on <U>Exhibit&nbsp;F</U> attached hereto, as may be equitably adjusted in connection with any Deficit Amount Payoff pursuant to
<U>Section&nbsp;2.11.4</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&ldquo;<B><U>Transaction
Expenses</U></B>&rdquo; shall mean, whether paid or incurred prior to, at or following the Closing, (a)&nbsp;Regulatory Filing Fees,
(b)&nbsp;the Net Convertible Note Payments, (c)&nbsp;the third-party costs, fees and expenses (other than Taxes) incurred in connection
with this Agreement, the Merger Agreement or the other Transaction Documents, or the transactions contemplated hereby or thereby, including
in respect of legal, regulatory, accounting, paying agent, investment banking, data room or diligence services, financing, the D&amp;O
Insurance premium or lending services (including fairness opinion fees) (&ldquo;<B><U>Third-Party Fees</U></B>&rdquo;) for which an invoice
has been provided for prior to the Closing pursuant to <U>Section&nbsp;2.12.4</U>, (d)&nbsp;Third-Party Fees incurred in connection with
any Transaction Litigation (and any claims made against any directors, officers or shareholders of the Company in their capacities as
such in connection with the transactions) or any appraisal rights contemplated by Section&nbsp;4.2(f)&nbsp;(<U>Appraisal Rights</U>)
of the Merger Agreement for which an invoice has been provided for pursuant to <U>Section&nbsp;2.12.4</U>, (e)&nbsp;Third-Party Fees
incurred in connection with the Pre-Closing Restructuring (including the Phase I Restructuring), the Authentic&nbsp;&amp; Investors Pre-Closing
Restructuring and any restructuring or asset transfers contemplated in the Post-Closing Agreement Term Sheet for which an invoice has
been provided for pursuant to <U>Section&nbsp;2.12.4</U>, (f)&nbsp;any payments, fees or expenses incurred with Authentic&rsquo;s prior
written consent in connection with obtaining any Third-Party Consents (for which reasonable supporting documentation has been provided),
and (g)&nbsp;$1 million in connection with the funding of Company Swiss IPCo, which amount shall be payable at Closing. For the avoidance
of doubt, Transaction Expenses shall not include any compensatory payments made to employees or independent contractors of the Company
and its Subsidiaries in connection with, as a result of or relating to the transactions contemplated by the Merger Agreement or any other
Transaction Documents or any Taxes with respect thereto (including any gross-up or similar payment); provided that the foregoing does
not affect Authentic&rsquo;s obligations to make the Authentic Contribution under the Merger Agreement in respect of the Company Equity
Awards (excluding (1)&nbsp;any amounts due in respect of accrued and unpaid dividend equivalents or other amounts credited, in each case,
in respect of any dividend or distribution with respect to Company Equity Awards, which shall be paid by the Surviving Corporation, and
(2)&nbsp;for the avoidance of doubt, any employment, payroll or similar Taxes related to such payments).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.13.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Financing
Cooperation</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.13.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;From
the date of this Agreement and continuing until the earlier of the Closing and the termination of the Merger Agreement pursuant to the
terms thereof, the Investors shall reasonably cooperate with Authentic as reasonably requested in connection with Authentic&rsquo;s arranging,
obtaining and consummating any Debt Financing (subject to any limitations in Section&nbsp;8.12 (<U>Financing Cooperation</U>) of the
Merger Agreement, which shall apply to the Investors&rsquo; obligations hereunder, <I>mutatis mutandis</I>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.13.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;As
promptly as reasonably practicable upon request from the Investors and following delivery of invoices and supporting documentation to
Authentic, Authentic shall reimburse the Investors (or pay as directed by the Investors) for any reasonable and reasonably documented
out-of-pocket costs and expenses (including documented and reasonable attorneys&rsquo; fees) incurred by the Investors in connection
with the cooperation contemplated by this <U>Section&nbsp;2.13</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 14; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.13.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Investors shall be indemnified and held harmless by Authentic from and against any and all Losses suffered or incurred by them in connection
with any cooperation provided pursuant to this <U>Section&nbsp;2.13</U> or the provision of information utilized in connection therewith;
in each case, except to the extent arising from the gross negligence, willful misconduct or Fraud of an Investor (as determined in a
final, nonappealable judgment of a court of competent jurisdiction).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.14.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Merger
Agreement Amendments, Waivers and Notices</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.14.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
and, prior to the Parent Equity Transfer Effective Time, Parent and Merger Sub shall not agree to a Material Amendment to the Merger
Agreement without the prior written consent of the Investor Representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.14.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall not waive any of the conditions set forth in Section&nbsp;9.1 (<U>Conditions to Each Party&rsquo;s Obligation to Effect the Pre-Closing
Restructuring</U>), Section&nbsp;9.2(c)&nbsp;(<U>No Material Adverse Effect</U>), Section&nbsp;10.1 (<U>Conditions to Each Party&rsquo;s
Obligation to Effect the Closing</U>) or Section&nbsp;10.2(b)&nbsp;(<U>Company Pre-Closing Restructuring</U>) of the Merger Agreement
without the prior written consent of the Investor Representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.14.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall promptly share copies of any and all notices and other communications it makes or receives pursuant to the Merger Agreement with
the Investor Representative, including pursuant to Section&nbsp;8.8 (<U>Notification of Certain Matters</U>) of the Merger Agreement
but excluding any notices and communications it makes or receives pursuant to Section&nbsp;8.2 (<U>Acquisition Proposals; Change of Recommendation</U>)
of the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.14.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;From
and after the Parent Equity Transfer Effective Time, the Investors shall cause Parent to share copies of any and all notices and other
communications it makes or receives pursuant to the Merger Agreement with Authentic, including pursuant to Section&nbsp;8.8 (<U>Notification
of Certain Matters</U>) of the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.15.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Publicity</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.15.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall include the Investor Representative in any consultation with the Company pursuant to Section&nbsp;8.9 (<U>Publicity</U>) of the
Merger Agreement (but excluding any actions pursuant to Section&nbsp;8.2 (<U>Acquisition Proposals; Change of Recommendation</U>) of
the Merger Agreement). Prior to agreeing to the text of, or issuing, any press release or other public statements, disclosures or communications,
including the initial press release, under Section&nbsp;8.9 (<U>Publicity</U>) of the Merger Agreement (but excluding any actions pursuant
to Section&nbsp;8.2 (<U>Acquisition Proposals; Change of Recommendation</U>) of the Merger Agreement), Authentic shall consult with the
Investor Representative, provide the Investor Representative with a reasonable opportunity for review and give due consideration to reasonable
comments of the Investor Representative in connection with all consultations with the Company pursuant to Section&nbsp;8.9 (<U>Publicity</U>)
of the Merger Agreement. Notwithstanding the foregoing or the terms of the Confidentiality Agreement, (i)&nbsp;Authentic may make any
public statements, disclosures or communications in response to inquiries from the press, analysts, investors, customers or suppliers
or via industry conferences or analyst or investor conference calls, so long as such statements, disclosures or communications are not
inconsistent in tone and substance with public statements, disclosures or communications previously made by the Company, Authentic or
the Investors in compliance with the terms of this Agreement and the Merger Agreement, as applicable, and (ii)&nbsp;Authentic and its
respective Affiliates may, without such consultation or consent, make disclosures and communications (a)&nbsp;to equityholders and investors
of such Person or any Affiliates of such Person, in each case who are subject to customary confidentiality restrictions, and (b)&nbsp;on
such Person&rsquo;s website in the Ordinary Course of Business so long as such statements are consistent with previous press releases,
public disclosures or public statements made jointly by the parties hereto (or individually) in accordance with this <U>Section&nbsp;2.15</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 15; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.16.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Conflicts</U>.
To the extent Authentic reasonably determines after the date hereof that taking any action required to be taken by Authentic under this
Agreement would reasonably be expected to constitute a breach of Authentic&rsquo;s obligations under the Merger Agreement, (a)&nbsp;Authentic
shall promptly notify the Investor Representative of such determination, and (b)&nbsp;Authentic shall not be required to comply with
the terms of this Agreement solely to the extent that compliance with the terms of this Agreement would reasonably be expected to constitute
a breach of the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.17.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Representations
and Warranties of Each Investor</U>. Each Investor hereby represents and warrants, severally and not jointly, as of the date hereof and
as of the Closing Date, that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.17.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;The
execution, delivery and performance of this Agreement have been duly authorized by all necessary action and (if such Investor is an entity)
do not contravene any provision of such Investor&rsquo;s charter, partnership agreement, operating agreement or similar organizational
documents or any Law or contractual restriction binding on such Investor or its assets; (ii)&nbsp;all consents, approvals, authorizations,
permits of, filings with and notifications to, any Governmental Entity necessary for the due execution, delivery and performance of this
Agreement by such Investor (other than those contemplated by the Merger Agreement and the Filings required to be filed by any Investor)
have been obtained or made and all conditions thereof have been duly complied with, and no other action by, and no notice to or filing
with, any Governmental Entity is required in connection with the execution, delivery or performance of this Agreement; and (iii)&nbsp;this
Agreement constitutes a legal, valid and binding obligation of such Investor enforceable against such Investor in accordance with its
terms, subject to the Bankruptcy and Equity Exception.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.17.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Such
Investor has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits
and risks of its investment pursuant to the Pre-Closing Restructuring Plan, the Merger Agreement and this Agreement (&ldquo;<B><U>Applicable
Equity Interests</U></B>&rdquo;), including the risk that such Investor could lose the entire value of the Applicable Equity Interests,
and has so evaluated the merits and risks of such purchase. Such Investor has been given access to the kind of information and the documents
concerning the Applicable Equity Interests. Such Investor has made such independent investigation of the Applicable Equity Interests
as such Investor deems to be necessary or advisable in connection with the acquisition of the Applicable Equity Interests, and is able
to bear the economic and financial risk of acquiring the Applicable Equity Interests (including the risk that such Investor could lose
the entire value of the Applicable Equity Interests). Such Investor did not make a decision to acquire the Applicable Equity Interests
as a result of or subsequent to any advertisement, article, notice or other communication published in any newspaper, magazine or similar
media or broadcast over television or radio, any seminar or meeting, or any general solicitation of a subscription of the Applicable
Equity Interests by a person not previously known to such Investor. Such Investor acknowledges that neither Authentic nor any of its
Affiliates has rendered or will render any securities valuation advice or other advice to such Investor, and such Investor is not agreeing
to purchase the Applicable Equity Interests in reliance upon, or with the expectation of, any such advice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.17.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Solely
with respect to the Investors, none of the Investors nor any of their Affiliates has entered into (or agreed to enter into) or, prior
to the termination of this Agreement pursuant to <U>Section&nbsp;1.1</U>, will enter into (or agree to enter into), any agreement, arrangement
or understanding with any of the Company or any Affiliate thereof, or any other potential investor, acquiror or group of potential investors
or acquirors, in each case with respect to the subject matter of this Agreement, the Merger Agreement or the transactions contemplated
hereby or thereby other than the Merger Agreement, this Agreement and the other Ancillary Transaction Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 16; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.17.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;None
of the Investors nor any of their Affiliates holds a controlling interest in any entity that competes with the Company to the extent
that any such holdings would reasonably be expected to prevent or materially delay the expiration or termination of the waiting period
under the HSR Act or any other Antitrust Laws or Foreign Direct Investment Laws or Foreign Subsidies Regulation in connection with the
Merger Agreement or the transactions contemplated hereby or thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.17.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Since
January&nbsp;1, 2022, there are no material Proceedings against the Investors or any of their Affiliates pending or, to the actual knowledge
of the Investors, threatened in writing against the Investors or any of their Affiliates that would reasonably be expected to have, individually
or in the aggregate, an Investors Material Adverse Effect. Neither the Investors nor any of their Affiliates (nor any of their respective
properties, assets or businesses) is a party to or subject to the provisions of any Order that would reasonably be expected to have,
individually or in the aggregate, an Investors Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.17.6.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Investor specifically understands and agrees that, except as set forth in this Agreement, Authentic has not made nor will it make any
representation or warranty to the Investors with respect to the terms, value or any other aspect of the transactions contemplated hereby,
and Authentic explicitly disclaims any warranty, express or implied, with respect to such matters. In addition, each Investor specifically
acknowledges, represents and warrants that it is not relying on Authentic for its due diligence concerning, or evaluation of, the Company
or its assets or businesses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Representations
and Warranties of Authentic</U>. Authentic hereby represents and warrants as of the date hereof and as of the Closing Date, that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;As
of the date of this Agreement, all of the issued and outstanding membership units of Authentic have been duly authorized and are validly
issued, fully paid and non-assessable and owned by Authentic. Authentic has provided to the Investor Representative a true, correct and
complete copy of Authentic&rsquo;s Operating Agreement, which includes a statement of the ownership interests in Authentic as of the
date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;The
execution, delivery and performance of this Agreement have been duly authorized by all necessary action and do not contravene any provision
of Authentic&rsquo;s operating agreement or any Law or contractual restriction binding on Authentic or its assets; (ii)&nbsp;all consents,
approvals, authorizations, permits of, filings with and notifications to, any Governmental Entity necessary for the due execution, delivery
and performance of this Agreement by Authentic (other than those contemplated by the Merger Agreement) have been obtained or made and
all conditions thereof have been duly complied with, and no other action by, and no notice to or filing with, any Governmental Entity
is required in connection with the execution, delivery or performance of this Agreement; and (iii)&nbsp;this Agreement constitutes a
legal, valid and binding obligation of Authentic enforceable against such party in accordance with its terms, subject to the Bankruptcy
and Equity Exception.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
authorized capital stock of Parent consists of 1,000 shares of common stock of Parent, par value $0.01 per share. The authorized capital
stock of Merger Sub consists of 1,000 shares of common stock of Merger Sub, par value $0.01 per share. As of the date of this Agreement
and as of immediately prior to the Parent Equity Transfer Effective Time, (a)&nbsp;all such shares were issued and outstanding, (b)&nbsp;all
of the outstanding shares of capital stock of Parent and Merger Sub have been duly authorized and are validly issued, fully paid and
non-assessable and owned by Authentic (or, in the case of Merger Sub, by Parent), and (c)&nbsp;neither Parent nor Merger Sub has conducted
any business and has no properties, assets, obligations or liabilities of any nature, in each case other than those incident to its organization
and pursuant to the Merger Agreement and the transactions contemplated by the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 17; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
has provided to the Investor Representative true, correct and complete copies of the following financial statements (collectively the
&ldquo;<B><U>Financial Statements</U></B>&rdquo;): (i)&nbsp;audited consolidated balance sheets of Authentic as of December&nbsp;31,
2024, December&nbsp;31, 2023 and December&nbsp;31, 2022, and the related audited statements of operations, income and cash flows for
each of the fiscal years then ended; and (ii)&nbsp;an unaudited balance sheet of Authentic as of March&nbsp;31, 2025 and the related
unaudited statements of income and cash flows for the three-month period then ended (collectively, the &ldquo;<B><U>Interim Financial
Statements</U></B>&rdquo;). The Financial Statements are accurate and complete and present fairly, in all material respects, the consolidated
financial position, results of operations, members&rsquo; equity and cash flows of Authentic at the dates and for the time periods indicated
and have been prepared in accordance with GAAP, consistently applied throughout the periods indicated, and reviewed by the management
of Authentic, subject, in the case of the Interim Financial Statements, to normal and recurring year-end adjustments and the absence
of notes. The Financial Statements were derived from the books and records of Authentic, which are accurate and complete, in all material
respects, and contain no material inaccuracies or discrepancies. To Knowledge of Authentic, there are no significant deficiencies or
material weaknesses in the design or operation of Authentic&rsquo;s internal controls that reasonably may adversely affect the ability
of Authentic to record, process, summarize and report financial information, and, to the Knowledge of Authentic, Authentic&rsquo;s internal
controls and procedures are sufficient to ensure that the Financial Statements are accurate in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Neither
Authentic nor any of its Affiliates holds a controlling interest in any entity that competes with the Company to the extent that any
such holdings would reasonably be expected to prevent or materially delay the expiration or termination of the waiting period under the
HSR Act or any other Antitrust Laws or Foreign Direct Investment Laws or Foreign Subsidies Regulation in connection with the Merger Agreement
or the transactions contemplated hereby or thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.6.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Since
January&nbsp;1, 2022, there are no material Proceedings against Authentic or any of its Subsidiaries pending or, to the Knowledge of
Authentic, threatened in writing against Authentic or any of its Subsidiaries that would reasonably be expected to have, individually
or in the aggregate, an Authentic Material Adverse Effect. Neither Authentic nor any of its Subsidiaries (nor any of their respective
properties, assets or businesses) is a party to or subject to the provisions of any Order that would reasonably be expected to have,
individually or in the aggregate, an Authentic Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.7.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
has not entered into (or agreed to enter into) or, prior to the termination of this Agreement pursuant to <U>Section&nbsp;1.1</U>, will
enter into (or agree to enter into), any agreement, arrangement or understanding with any of the Investors or any other potential investor,
acquiror or group of potential investors or acquirors, in each case with respect to the subject matter of this Agreement, the Merger
Agreement or the transactions contemplated hereby or thereby or with respect to acquiring any material portion of the assets of the Company
or any of its subsidiaries other than the Merger Agreement, this Agreement and any of the other Ancillary Transaction Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 18; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.18.8.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
specifically understands and agrees that, except as set forth in this Agreement, the Investors have not made nor will they make any representation
or warranty to Authentic with respect to the terms, value or any other aspect of the transactions contemplated hereby, and each Investor
explicitly disclaims any warranty, express or implied, with respect to such matters. In addition, Authentic specifically acknowledges,
represents and warrants that it is not relying on any Investor for its due diligence concerning, or evaluation of, the Company or its
assets or businesses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.19.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Transfer
Taxes</U>. Authentic, on the one hand, and the Investors, on the other hand, shall each bear their respective Pro Rata Portion of any
transfer, sales, use, value added, stamp, registration, documentary or other similar non-income Taxes, fees or charges payable as a result
of the consummation and completion of the Pre-Closing Restructuring and the Authentic&nbsp;&amp; Investors Pre-Closing Restructuring.
The parties hereto shall cooperate on a reasonable basis in connection with preparing and filing any Tax Returns required to be filed
with respect to any such Taxes, fees or charges and obtaining any exemptions from or reductions in any such Taxes, fees or charges.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.20.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Additional
Tax Payments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.20.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic,
on the one hand, and the Investors, on the other hand, shall each bear their respective IPCo Pro Rata Portion of the Step-Up Structure
Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.20.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
later than February&nbsp;1 of the taxable year after the taxable year in which the Closing occurs, Parent shall deliver to Authentic
a statement (the &ldquo;<B><U>Additional Payment Statement</U></B>&rdquo;) setting forth the calculation of (i)&nbsp;the Step-Up Structure
Taxes and (ii)&nbsp;the Additional Step-Up Payments owed by Authentic and the Investors. Parent shall provide all information reasonably
requested by Authentic in connection with its review of the Additional Payment Statement. Authentic shall submit its written comments
to the Additional Payment Statement to Parent no later than 30 days after its receipt thereof. Authentic and Parent shall cooperate in
good faith to resolve such comments, and if such comments cannot be so resolved within 15 days after such comments were submitted by
Authentic, the disputed items shall be referred to a nationally recognized tax accounting firm mutually agreed by Authentic and Parent
(the &ldquo;<B><U>Tax Accounting Firm</U></B>&rdquo;) for resolution. In the absence of manifest error, such accounting firm&rsquo;s
determination will be conclusive and binding upon each party hereto. The fees and expenses of the Tax Accounting Firm shall be borne
by Authentic, on the one hand, and Parent, on the other hand, based on the percentage which the portion of the Step-Up Structure Taxes
as determined by the Tax Accounting Firm exceeds or is less than the amount of Step-Up Structure Taxes asserted by such party. Authentic
and the Investors shall pay or cause to be paid to Parent their respective Additional Step-Up Payments no later than ten days after the
final determination thereof. Upon the filing of the income tax returns of the Company for the taxable year in which the Closing occurs,
the parties will redetermine the Step-Up Structure Taxes and the Additional Step-Up Payment based on such as-filed income tax returns
in accordance with the procedures set forth in this <U>Section&nbsp;2.20.2</U> (such redetermined Additional Step-Up Payment, the &ldquo;<B><U>Final
Additional Step-Up Payment</U></B>&rdquo;). If the Final Additional Step-Up Payment exceeds the Additional Step-Up Payment as originally
determined pursuant to this <U>Section&nbsp;2.20.2</U>, then Authentic, on the one hand, and the Investors, on the other hand, shall
each bear their respective portion of such excess, if any; and, if the Additional Step-Up Payment as originally determined pursuant to
this <U>Section&nbsp;2.20.2</U> exceeds the Final Additional Step-Up Payment, then Parent shall return to Authentic, on the one hand,
and the Investors, on the other hand, their respective portion of such excess, if any. Any payments required by the preceding sentence
shall be made no later than ten (10)&nbsp;days after the final determination of the Final Additional Step-Up Payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 19; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.20.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
parties hereto acknowledge and agree that the Additional Step-Up Payments shall be treated as additional purchase price paid in the Equity
Purchase (except, in the case of the Investors, to the extent the cash used to fund their respective portions of the Step-Up Structure
Taxes is cash of Parent, Glow OpCo Holdings or any of their respective subsidiaries), and the parties shall, and shall cause their Affiliates
(including Company Swiss IPCo and Company US IPCo) to file all Tax Returns consistent therewith, and not to take any position contrary
thereto in any audit or proceeding with respect to Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.20.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;For
purposes of this <U>Section&nbsp;2.20</U>, the following terms shall have the following meanings:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&ldquo;<B><U>Additional
Step-Up Payment</U></B>&rdquo; shall mean, with respect to each of Authentic, on the one hand, and the Investors, on the other, a payment
equal to (i)&nbsp;such party&rsquo;s IPCo Pro Rata Portion of the Step-Up Structure Taxes divided by (ii)&nbsp;a percentage equal to
one minus the effective federal, state and foreign Tax rate of the Company with respect to the taxable income arising by reason of receipt
of the Additional Step-Up Payment (determined on a &ldquo;with and without&rdquo; basis and expressed as a percentage) as mutually agreed
by Authentic and the Investors Representative, except, in the case of the Investors, to the extent the cash used to fund their respective
portions of the Step-Up Structure Taxes is cash of Parent, Glow OpCo Holdings or any of their respective subsidiaries, in which case
their Additional Step-Up Payments will be equal to their respective IPCo Pro Rata Portion of the Step-Up Structure Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&ldquo;<B><U>IPCo
Pro Rata Portion</U></B>&rdquo; shall mean, with respect to Authentic and the Investors, the share of the equity interests of the Acquired
IPCo Equity owned by the Affiliates of Authentic and the Investors, respectively, as set forth on <U>Exhibit&nbsp;G</U> attached hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(iii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&ldquo;<B><U>Step-Up
Structure Taxes</U></B>&rdquo; means (i)&nbsp;the Taxes incurred by the Company under Section&nbsp;4501 of the Code by reason of the
Merger and (ii)&nbsp;the additional U.S. federal (and applicable state, local and foreign) income tax liability incurred as a result
of the Equity Purchase by the Company, whether payable on a standalone or group basis, for the taxable year ending on (or including)
the Closing Date. For purposes of clauses (i)&nbsp;and (ii), the liability shall be computed on a &ldquo;with and without&rdquo; basis
treating the tax items arising by reason of the Merger and the Equity Purchase as the last items includible on the applicable Tax Return,
and, in the case of clause (ii), by treating the taxable year of the Company and all of its Subsidiaries as ending as of the end of the
day on the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.21.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Investor
Representative</U>. Each of the Investors hereby irrevocably appoint each of Paul Marciano and Carlos Alberini as an &ldquo;<B><U>Investor
Representative</U></B>&rdquo; and in such capacity as its agent and attorney-in-fact to take such action as agent and attorney-in-fact
on its, her or his behalf and to exercise such powers under this Agreement and any other Transaction Document which require any form
of approval or consent of any Investor, together with all such powers as are reasonably incidental thereto. All actions taken by either
Investor Representative under this Agreement and any other Transaction Document shall be binding upon the Investors and their successors
as if expressly confirmed and ratified in writing by each of them. Authentic shall be entitled to deal exclusively with the Investor
Representatives on behalf of any and all Investors with respect to all matters relating to this Agreement and any other Transaction Document,
and shall be entitled to rely conclusively (without further evidence of any kind whatsoever) on any document executed or purported to
be executed on behalf of any Investor by an Investor Representative, and on any other action taken or purported to be taken on behalf
of any Investor by an Investor Representative, as fully binding upon such Investor. Without limiting the generality of the foregoing,
each Investor Representative, acting alone without the consent of any other Investor, is hereby authorized by each Investor to (i)&nbsp;take
any and all actions under this Agreement without any further consent or approval from any other Person, (ii)&nbsp;receive or give notices
hereunder, and/or (iii)&nbsp;execute and deliver documents, releases and/or receipts hereunder. The parties confirm their understanding
that each Investor Representative is also an Investor, and that the Investor Representatives will have the same rights and powers under
this Agreement as the other Investors and may exercise or refrain from exercising the same as though it were not an Investor Representative.
This <U>Section&nbsp;2.21</U> sets forth all of the duties of the Investor Representatives with respect to any and all matters pertinent
hereto. No implied duties or obligations will be read into this Agreement or any of the Transaction Documents against any Investor Representative.
The obligations of the Investor Representatives hereunder and under the Transaction Documents are only those expressly set forth herein
and therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 20; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.22.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Certain
Agreements</U>. Each of the Investors and Authentic hereby agree to take the actions set forth on <U>Exhibit&nbsp;H</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.23.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Customer
Information</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.23.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Prior
to the Closing, the Investors shall cooperate with Authentic and use commercially reasonable efforts to provide to Authentic, at Authentic&rsquo;s
sole cost and expense, information necessary for Authentic to determine which portion of the Customer Information (defined below) that
was obtained by the Company or any of its Wholly-Owned Subsidiaries in the 36 months prior to the date hereof, can be transferred to,
and owned, used and processed by, Company US IPCo, Company Swiss IPCo or Authentic, as applicable, under applicable Law, including copies
of privacy notices relating thereto. As used herein, &ldquo;<B><U>Customer Information</U></B>&rdquo; means information provided by or
obtained from customers or other website users of the e-commerce website(s)&nbsp;used by the &ldquo;Guess&rdquo; business or otherwise
provided by or obtained from customers of the &ldquo;Guess&rdquo; business, including, as applicable, the name, mailing address, telephone
number, e-mail address, mailing and subscriber lists, order and order processing information (including order history) and any other
identifying information or related contact information provided by or obtained from such customers. For the avoidance of doubt, neither
the costs and expenses associated with the foregoing nor any amounts indemnifiable under <U>Section&nbsp;2.23.2</U> shall be considered
or included as a Transaction Expense, and none shall be borne by the Company, the Investors or any of its or their Affiliates. Authentic
shall be solely responsible for paying (or causing to be paid) the costs and expenses associated with the foregoing and the indemnity
in <U>Section&nbsp;2.23.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.23.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authentic
shall defend, indemnify, and hold harmless each of the Company and its Affiliates (including the Surviving Corporation and its Affiliates),
Company Swiss IPCo, Company US IPCo, the Investors, parent and affiliated entities of any of the foregoing, and the officers, directors,
employees, agents, successors, and assigns of any of the foregoing (collectively, the &ldquo;<B><U>Data Privacy Indemnitees</U></B>&rdquo;)
from and against any and all claims, demands, actions, suits, investigations, proceedings, liabilities, losses, damages, fines, penalties,
judgments, settlements, and reasonable and documented costs and expenses (including, without limitation, reasonable and documented internal
IT costs, attorneys&rsquo; fees, expert fees, costs of consultants, and costs of investigation, litigation, characterization of personal
information, breach notices, compliance hotlines and call centers) that are incurred by, imposed upon, or asserted against any Data Privacy
Indemnitee to the extent arising out of, relating to, or resulting from claims brought by third parties (whether as a single plaintiff,
multiple plaintiffs, class, or governmental authority) and relating to Authentic&rsquo;s, any of its Affiliates&rsquo;, Company Swiss
IPCo&rsquo;s and Company US IPCo&rsquo;s ownership, analysis, interpretation, classification, processing, handling, disclosure, or other
use of any personally identifiable, or other, information of customers and website users of the Company or any of its Affiliates that
was in the possession of the Company or any of its Affiliates prior to Closing, including all Customer Information, including, as applicable,
the name, mailing address, telephone number, e-mail address, mailing and subscriber lists, order and order processing information (including
order history) and any other identifying information or related contact information included in the Customer Information. The Investor
Representative shall, or shall permit the Data Privacy Indemnitees to, provide Authentic with prompt written notice of any claim for
which indemnification is sought; provided that, failure to give such notice shall not relieve Authentic of its obligations except to
the extent Authentic is materially prejudiced thereby. Authentic shall have sole control of the defense and settlement of any such claim
and shall be entitled to assume the defense of any such claim with counsel reasonably satisfactory to the Investors Representative; provided
that, Authentic shall not settle any claim that imposes any liability or obligation on, or results in any admission by, any Data Privacy
Indemnitee without the written consent of the Company or Investors Representative, as applicable, (which consent shall not be unreasonably
withheld or delayed). The Company and the Investors Representative shall have the right to participate in such defense with counsel of
their own choosing but Authentic shall not be liable for any legal expenses of other counsel subsequently incurred in connection with
the defense thereof unless (i)&nbsp;Authentic has agreed in writing to pay such fees and expenses, (ii)&nbsp;Authentic shall have failed
to employ counsel reasonably satisfactory to the Investors Representative within 10 business days after receipt of notification from
the Investors Representative that such counsel is not reasonably satisfactory or (iii)&nbsp;the Investors Representative shall have been
advised by counsel that there are actual or reasonably likely potential conflicting interests between Authentic and the Data Privacy
Indemnitees; provided that Authentic shall not, in connection with any one such action or proceeding, be liable for the fees and expenses
of more than one separate firm of attorneys per such action or proceeding for all Data Privacy Indemnitees in connection with such claim
except (A)&nbsp;to the extent the Investors Representative or any Data Privacy Indemnitee has been advised by counsel that there are
actual or reasonably likely potential conflicting interests between such Data Privacy Indemnitee and any other Data Privacy Indemnitee
and (B)&nbsp;for required local counsel engagements. Authentic&rsquo;s obligations under this <U>Section&nbsp;2.23.2</U> are primary
and not contributory with, and shall be in addition to, any insurance maintained by Authentic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 21; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>DEFINITIONS</B></FONT>.
                                            For purposes of this Agreement, the following terms shall have the following meanings:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>Ancillary Transaction
Agreements</U></B>&rdquo; shall mean this Agreement, the Voting Agreement, the Investor Loans Documentation, the Pre-Closing Restructuring
Documentation, the Letter of Direction, the Company IPCo JV Agreements, the License Agreement, and the Post-Closing Agreement Term Sheet.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>CA Investors</U></B>&rdquo;
shall mean the Investors identified on Annex 2 as CA Investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>Fraud</U></B>&rdquo;
means, with respect to a party hereto, intentional and knowing common law fraud under Delaware law in the representations and warranties
set forth in this Agreement or in any other Transaction Document to which such Person is a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>Glow OpCo Holdings</U></B>&rdquo;
means the entity to be organized in connection with the completion of the transactions and that is identified as such (or as Gold OpCo
Holdings) in Schedule 1 to <U>Exhibit&nbsp;E</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>Investors Material
Adverse Effect</U></B>&rdquo; means any Effect that materially prevents, materially impairs or materially delays the ability of the Investors
to timely consummate the transactions contemplated by this Agreement or any other Transaction Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 22; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>Losses</U></B>&rdquo;
means any losses, liabilities, costs, penalties, damages, fines and expenses (including reasonable attorneys&rsquo; fees), damages, payments,
judgments or other liabilities or obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>Material Amendment</U></B>&rdquo;
means any amendment of the Merger Agreement that would (a)&nbsp;increase the Per Share Merger Consideration (other than in connection
with an Acquisition Proposal or Superior Proposal), (b)&nbsp;modify any obligations of Parent or Merger Sub with respect to the period
following the Parent Equity Transfer Effective Time, (c)&nbsp;modify the Phase I Restructuring or the Pre-Closing Restructuring Plan
if such modification would violate the terms of this Agreement, (d)&nbsp;modify, remove or waive any of the closing conditions that may
not be waived hereunder without the prior written consent of the Investor Representative, or (e)&nbsp;make any other modification that
would reasonably be expected to materially and adversely affect any Investor or its Affiliates (including, from and after the Parent
Equity Transfer Effective Time, Parent and Merger Sub and any successor thereto).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>MM Investors</U></B>&rdquo;
shall mean the Investors identified on Annex 2 as MM Investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>OpCo Investors</U></B>&rdquo;
means the CA Investors and the PM Investors (except as otherwise noted on Annex 2).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>PM Investors</U></B>&rdquo;
shall mean the Investors identified on Annex 2 as PM Investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>Transactions</U></B>&rdquo;
shall mean the transactions contemplated by the Merger Agreement and the other instruments, agreements and documents contemplated thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><U>Willful and
Material Breach</U></B>&rdquo; means, with a respect to a party hereto, a material breach of any representation, warranty, covenant or
agreement set forth in this Agreement or in any other Transaction Document to which such Person is a party, in each case, that is a consequence
of an act or failure to act by a party with the actual knowledge that the taking of such act or failure to act would cause, or would
reasonably be expected to result in, such material breach.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="text-transform: uppercase"><B>4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>MISCELLANEOUS.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Amendment</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.1.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Subject
to the provisions of applicable Law, at any time prior to the consummation of the Transactions, Paul Marciano, Maurice Marciano, Carlos
Alberini and Authentic may modify or amend this Agreement by written agreement, executed and delivered by each of Paul Marciano, Maurice
Marciano, Carlos Alberini and Authentic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.1.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;At
any time prior to the consummation of the Transactions, any party may, to the extent permitted by applicable Law, waive any provision
of this Agreement in whole or in part (including by extending the time for the performance of any of the obligations or other acts of
the other parties); <U>provided</U>, <U>however</U>, that any such waiver shall only be effective if made in a written instrument duly
executed and delivered by the party against whom the waiver is to be effective. No failure or delay by any party in exercising any right,
power or privilege hereunder or under applicable Law shall operate as a waiver of such rights and, no single or partial exercise thereof
shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Severability</U>.
The provisions of this Agreement shall be deemed severable and the illegality, invalidity or unenforceability of any provision shall
not affect the legality, validity or enforceability of any other provision hereof. If any provision of this Agreement, or the application
thereof to any Person or any circumstance, is illegal, invalid or unenforceable, (i)&nbsp;a suitable and equitable provision shall be
substituted therefor in order to carry out, so far as may be legal, valid and enforceable, the intent and purpose of such illegal, invalid
or unenforceable provision, and (ii)&nbsp;the remainder of this Agreement and the application of such provision to other Persons or circumstances
shall not be affected by such illegality, invalidity or unenforceability, nor shall such illegality, invalidity or unenforceability affect
the legality, validity or enforceability of such provision, or the application thereof, in any other jurisdiction; <U>provided</U>, that
the parties intend that the remedies and limitations thereon contained in this Agreement, including <U>Section&nbsp;4.4</U>, shall not
be severable in any manner that increases the liabilities or obligations hereunder of any party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 23; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Remedies</U>.
The parties hereto agree that, except as provided herein, this Agreement will be enforceable by all available remedies at Law or in equity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.4.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Governing
Law and Venue; Submission to Jurisdiction; Selection of Forum; Waiver of Trial by Jury Governing Law and Venue; Waiver of Jury Trial</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.4.1.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;This
Agreement and all Proceedings against any other party hereto in connection with, arising out of or otherwise relating to this Agreement,
shall be interpreted, construed, governed by, and enforced in accordance with, the Laws of the State of Delaware, including its statutes
of limitations, without regard to the conflict of laws provisions, rules&nbsp;or principles thereof (or any other jurisdiction) to the
extent that such provisions, rules&nbsp;or principles would direct a matter to another jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.4.2.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
of the parties hereto agrees that: (i)&nbsp;it shall bring any Proceeding against any other party hereto in connection with, arising
out of or otherwise relating to this Agreement, any instrument or other document delivered pursuant to this Agreement or the transactions
contemplated by this Agreement exclusively in the Chosen Courts; and (ii)&nbsp;solely in connection with such Proceedings, (A)&nbsp;irrevocably
and unconditionally submits to the exclusive jurisdiction of the Chosen Courts, (B)&nbsp;irrevocably waives any objection to the laying
of venue in any such Proceeding in the Chosen Courts, (C)&nbsp;irrevocably waives any objection that the Chosen Courts are an inconvenient
forum or do not have jurisdiction over any party hereto, (D)&nbsp;agrees that mailing of process or other papers in connection with any
such Proceeding in the manner provided in <U>Section&nbsp;4.7</U> or in such other manner as may be permitted by applicable Law shall
be valid and sufficient service thereof and (E)&nbsp;it shall not assert as a defense any matter or claim waived by the foregoing clauses&nbsp;(A)&nbsp;through
(D)&nbsp;of this <U>Section&nbsp;4.4.2</U> or that any Order issued by the Chosen Courts may not be enforced in or by the Chosen Courts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.4.3.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
party hereto acknowledges and agrees that any Proceeding against any other party which may be connected with, arise out of or otherwise
relate to this Agreement, any instrument or other document delivered pursuant to this Agreement or the transactions contemplated by this
Agreement is expected to involve complicated and difficult issues, and therefore each party hereto irrevocably and unconditionally waives
to the fullest extent permitted by applicable Law any right it may have to a trial by jury with respect to any such Proceeding. Each
party hereto hereby acknowledges and certifies that (i)&nbsp;no Representative of the other parties hereto has represented, expressly
or otherwise, that such other parties would not, in the event of any Proceeding, seek to enforce the foregoing waiver, (ii)&nbsp;it understands
and has considered the implications of this waiver, (iii)&nbsp;it makes this waiver voluntarily and (iv)&nbsp;it has been induced to
enter into this Agreement, the instruments and other documents delivered pursuant to this Agreement and the transactions contemplated
by this Agreement by, among other things, the mutual waivers, acknowledgments and certifications set forth in this <U>Section&nbsp;4.4.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.5.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Other
Agreements; Assignment</U>. This Agreement, together with the Merger Agreement and the other agreements referenced herein and in the
Merger Agreement, constitutes the entire agreement between the parties with respect to the subject matter hereof and thereof and supersedes
all other prior and contemporaneous agreements, negotiations, understandings, representations and warranties, oral or written with respect
to such matters. Other than as expressly provided herein, this Agreement shall not be assigned without the prior written consent of the
parties hereto; <U>provided</U>, that Authentic may assign its rights and obligations hereunder to any assignee of Authentic&rsquo;s
obligations under the Merger Agreement pursuant to an agreement permitted in accordance with the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 24; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.6.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Confidentiality</U>.
For the avoidance of doubt, Authentic and the Investors hereby agree that all information supplied by or on behalf of any of the other
parties to this Agreement in connection with this Agreement and the Merger Agreement shall be treated in accordance with the Confidentiality
Agreement among Authentic, Paul Marciano, Maurice Marciano and Carlos Alberini, dated April&nbsp;30, 2025 (the &ldquo;<B><U>Confidentiality
Agreement</U></B>&rdquo;), which shall remain in full force and effect in accordance with its terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.7.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Notices</U>.
All notices and other communications given or made hereunder by one or more parties hereto to one or more of the other parties shall,
unless otherwise specified herein, be in writing and shall be deemed to have been duly given or made on the date of receipt by the recipient
thereof if received prior to 5:00 p.m.&nbsp;(New York time) (or otherwise on the next succeeding Business Day) if (a)&nbsp;served by
personal delivery or by nationally recognized overnight courier service upon the party or parties for whom it is intended or (b)&nbsp;sent
by email. Such communications must be sent to the respective parties at the following street addresses or email addresses (as may be
amended, supplemented or modified from time to time in writing) (it being understood that rejection or other refusal to accept or the
inability to deliver because of changed street address or email address of which no notice was given in accordance with this <U>Section&nbsp;&lrm;4.7</U>
shall be deemed to be receipt of such communication as of the date of such rejection, refusal or inability to deliver).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">if to Authentic:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">c/o Authentic Brands Group LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">1411 Broadway, 21st Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">New York, New York 10018</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Attention: Jay Dubiner</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Email:
</FONT>[***]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">with a copy to (which shall not constitute notice):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Latham&nbsp;&amp; Watkins LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">1271 Avenue of the Americas</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">New
York, NY 10020</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.8in"><FONT STYLE="font-size: 10pt">Attention:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Michael Anastasio</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Ian Nussbaum</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Email: Michael.Anastasio@lw.com</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Ian.Nussbaum@lw.com</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">if to an Investor, to the Investor Representative:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Paul Marciano</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Carlos Alberini</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">1444 South Alameda Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Los Angeles, CA 90021</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.8in">Email:</TD><TD>[***]<BR>
                                            [***]</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 25; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">with a copy to (which shall not constitute notice):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jones
Day</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">250 Vesey Street</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">New York, NY 10281</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.8in"><FONT STYLE="font-size: 10pt">Attention:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Andy Levine and Braden McCurrach</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Email:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">amlevine@jonesday.com and bmccurach@jonesday.com</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">From time to time any party
hereto may provide notice to the other parties of a change in its address through notice given in accordance with this <U>Section&nbsp;&lrm;4.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.8.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>No
Partnership or Agency</U>. Nothing in the Agreement shall constitute a partnership between the parties hereto or any of them or constitute
any such person as agent of any other for any purpose whatever and none shall have authority or power to bind the others or to contract
in the name of or create liability against the others in any way or for any purpose save as expressly authorized in writing from time
to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.9.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>No
Third Party Beneficiaries</U>. The parties hereto hereby agree that their respective representations, warranties, covenants and agreements
set forth in this Agreement shall be binding upon and are solely for the benefit of the other parties hereto, subject to the terms and
conditions of this Agreement, and this Agreement is not intended to, and does not, confer upon any other Person any rights or remedies,
express or implied, hereunder; provided, that the Data Privacy Indemnitees are express third party beneficiaries of <U>Section&nbsp;2.23</U>
(Customer Information).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.10.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>No
Duty</U>. In making any determination contemplated by this Agreement, except as otherwise set forth herein with respect to the Investor
Representative, each Investor may make such determination in its sole and absolute discretion, taking into account only such Investor&rsquo;s
own views, self-interest, objectives and concerns. No Investor shall have any fiduciary or other duty to any other Investor or to Authentic
except as expressly set forth in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.11.</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Fiduciary
Duties; Non-Recourse to Company</U>. No Investor executing this Agreement who is or becomes during the term hereof a director or officer
of the Company shall be deemed to make any agreement or understanding in this Agreement in such Person&rsquo;s capacity as a director
or officer. Nothing herein shall limit or affect any actions taken (or any failures to act) by an Investor in such Investor&rsquo;s capacity
as a director or officer of the Company. For the avoidance of doubt, prior to the Closing, no obligation of any Investor hereunder shall
be deemed to be an obligation of the Company, or to bind the Investors to cause the Company to take any actions in their capacities as
directors or officers of the Company and its Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature pages&nbsp;follow]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 26; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF, each
of the undersigned has duly executed this Agreement (or caused this Agreement to be executed on its behalf by its officer or representative
thereunto duly authorized) as of the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>AUTHENTIC
    Brands group llc</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Jay Dubiner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jay Dubiner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Legal Officer</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PAUL MARCIANO</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Paul Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Paul
    Marciano</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NICOLAI MARCIANO</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Nicolai
    Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Nicolai
    Marciano</FONT></TD></TR>
</TABLE>

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

<P STYLE="font-style: italic; text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CARLOS ALBERINI</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Carlos
    Alberini</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Carlos
    Alberini</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PAUL MARCIANO
    TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 45%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Paul Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Paul
    Marciano, as trustee of the Paul Marciano Trust, dated February&nbsp;20, 1986</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PM 2021
    EXEMPT TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Robert
    E. Armstrong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Palma Fiduciary,
    LLC, as trustee of the PM 2021 Exempt Trust, dated July&nbsp;12, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="text-align: justify; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Robert E. Armstrong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trust Officer</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ENRG CAPITAL
    LLC, a California limited liability company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ William F. Payne</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">William F. Payne</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manager</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>G FINANCIAL
    HOLDINGS, LLC, a California limited liability company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manager</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>G FINANCIAL
    HOLDINGS II, LLC, a California limited liability company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manager</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>G2 TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ David Tordjman</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">David Tordjman,
    as trustee of the G2 Trust, dated June&nbsp;29, 2010</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EXEMPT G2 TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ David Tordjman</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">David Tordjman,
    as trustee of the Exempt G2 Trust, dated June&nbsp;29, 2010</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ALBERINI
    FAMILY LLC</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Carlos Alberini</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carlos Alberini</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Member</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CARLOS AND
    ANDREA ALBERINI TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Carlos
    Alberini</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carlos Alberini,
    as trustee of the Carlos and Andrea Alberini Trust</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MM CRUT
    LLC, a Delaware limited liability company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Mark Silah</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">Name:</TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mark Silah</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manager</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT><B>MM CRUT
    II LLC, a Delaware limited liability company</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">Name:</TD>
    <TD STYLE="text-align: justify; width: 42%">Michael Karlin</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manager</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MAURICE
    MARCIANO CHARITABLE REMAINDER UNITRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Robert
    E. Armstrong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Palma Fiduciary,
    LLC, as trustee of the Maurice Marciano Charitable Remainder Unitrust, dated October&nbsp;13, 2014</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">By:</TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Robert E. Armstrong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trust Officer</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MAURICE
    MARCIANO CHARITABLE REMAINDER UNITRUST II</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Robert
    E. Armstrong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Palma Fiduciary,
    LLC, as trustee of the Maurice Marciano Charitable Remainder Unitrust II, dated September&nbsp;30, 2015</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">By:</TD>
    <TD STYLE="text-align: left; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Robert E. Armstrong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trust Officer</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PAUL MARCIANO
    FOUNDATION, a Nevada nonprofit corporation</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Paul Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">Name:</TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paul Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MM 2020
    EXEMPT TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Robert
    E. Armstrong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Palma Fiduciary,
    LLC, as trustee of the MM 2020 Exempt Trust, dated February&nbsp;19, 2020</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">By:</TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Robert E. Armstrong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trust Officer</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MAURICE
    MARCIANO TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Paul Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Paul
    Marciano, as trustee of the Maurice Marciano Trust, dated February&nbsp;24, 1986</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MAURICE
    MARCIANO FAMILY FOUNDATION, a Nevada nonprofit corporation</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ William F. Payn<U>e</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">Name:</TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">William F. Payne</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CAROLEM
    CAPITAL, LLC, a California limited liability company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ William F. Payne</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">Name:</TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">William F. Payne</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manager</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NEXT STEP
    CAPITAL LLC, a California limited liability company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">Name:</TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manager</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NEXT STEP
    CAPITAL II LLC, a California limited liability company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%">Name:</TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael Karlin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">Title:</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manager</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NONEXEMPT
    GIFT TRUST UNDER THE NEXT STEP TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Paul Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Paul
    Marciano, as trustee of the Nonexempt Gift Trust under the Next Step Trust, dated July&nbsp;6, 2011</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><I>[Signature Page to Interim Investors Agreement]</I></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EXEMPT GIFT
    TRUST UNDER THE NEXT STEP TRUST</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Paul Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Paul
    Marciano, as trustee of the Exempt Gift Trust under the Next Step Trust, dated July&nbsp;6, 2011</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><I>[Signature Page to Interim
Investors Agreement]</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<!-- Field: Page; Sequence: 52; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.6
<SEQUENCE>3
<FILENAME>tm2523987d1_ex99-6.htm
<DESCRIPTION>EXHIBIT 99.6
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.6</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>JOINT FILING AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In accordance with Rule&nbsp;13d-1(k)&nbsp;under
the Securities Exchange Act of 1934, the undersigned hereby agree to the joint filing with all other persons signatory below of a statement
on Schedule 13D or any amendments thereto, with respect to the shares of Common Stock of Guess?,&nbsp;Inc., and that this Agreement be
included as an attachment to such filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Agreement may be executed
in any number of counterparts each of which shall be deemed an original and all of which together shall be deemed to constitute one and
the same Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF, the undersigned
hereby execute this Agreement on August&nbsp;21, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Paul Marciano&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paul
    Marciano</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Paul Marciano&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maurice
    Marciano, by Paul Marciano, his Attorney-in-Fact</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Carlos Alberini&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carlos
    Alberini</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Michael Karlin&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael
    Karlin, as the sole member of the tax committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Steven Lockshin&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Steven
    Lockshin, as the sole member of the tax committee of Palma Fiduciary, LLC for the PM 2021 Exempt Trust</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Olivia Marciano&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Olivia
    Marciano, as the sole member of the investment committee of Palma Fiduciary, LLC for the Maurice Marciano Charitable Remainder Unitrust
    II and as a director of the Maurice&nbsp;&amp; Paul Marciano Art Foundation and the Maurice Marciano Family Foundation</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    William F. Payne&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">William
    F. Payne, as the investment director for MM CRUT II LLC, as the sole member of the investment committee of Palma Fiduciary, LLC for
    the Maurice Marciano Charitable Remainder Unitrust and as a director of the Maurice&nbsp;&amp; Paul Marciano Art Foundation and the
    Maurice Marciano Family Foundation</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Mark Silah&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mark
    Silah, as the investment director of MM CRUT LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    David Tordjman&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">David
    Tordjman, as the trustee and adviser of the G2 Trust and Exempt G2 Trust and as the sole member of the investment committee of Palma
    Fiduciary, LLC for the MM 2020 Exempt Trust and PM 2021 Exempt Trust</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Nicolai Marciano&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Nicolai
    Marciano</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.7
<SEQUENCE>4
<FILENAME>tm2523987d1_ex99-7.htm
<DESCRIPTION>EXHIBIT 99.7
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.7</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">List of Reporting Persons</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">1.</TD><TD>Paul Marciano, in his individual capacity</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">2.</TD><TD>Maurice Marciano, in his individual capacity</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">3.</TD><TD>Carlos Alberini, in his individual capacity</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">4.</TD><TD>Michael Karlin, as the sole member of the tax committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">5.</TD><TD>Steven Lockshin, as the sole member of the tax committee of Palma Fiduciary, LLC for the PM 2021 Exempt Trust</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">6.</TD><TD>Olivia Marciano, as the sole member of the investment committee of Palma Fiduciary, LLC for the Maurice Marciano Charitable Remainder
Unitrust II and as a director of the Maurice&nbsp;&amp; Paul Marciano Art Foundation and the Maurice Marciano Family Foundation</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">7.</TD><TD>William F. Payne, as the investment director for MM CRUT II LLC, as the sole member of the investment committee of Palma Fiduciary,
LLC for the Maurice Marciano Charitable Remainder Unitrust and as a director of the Maurice&nbsp;&amp; Paul Marciano Art Foundation and
the Maurice Marciano Family Foundation</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">8.</TD><TD>Mark Silah, as the investment director of MM CRUT LLC</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">9.</TD><TD>David Tordjman, as the adviser of the G2 Trust and Exempt G2 Trust and as the sole member of the investment committee of Palma Fiduciary,
LLC of the MM 2020 Exempt Trust and PM 2021 Exempt Trust</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">10.</TD><TD>Nicolai Marciano, in his individual capacity</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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

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