In accordance with the Contract dated
06/04/2008, INTER PARFUMS, a joint-stock company (F) in Paris, contributed to the company the brands LANVIN with a value of EUR
34,712,000.00, accepted for the price of CHF 54,900,000.00, and the amount of CHF 27,450,000.00 paid by the release of capital
stock. In return, 27,450 nominative shares with a value of CHF 1'000.00 each, were given
to the contributor.