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Executive Director of the Issuer and Director of the Guarantors

Cliona Muscat started her career as a brand manager of an international brand represented in Malta. In 2015, Cliventi Ltd C 77775) (a company fully owned by Ms. Muscat) and Marketing and Consultancy Limited (C 8171) established the Maltese company International Fashion Company Limited (C 70771), which is involved in the retail industry. International Fashion Company Limited (C 70771) has signed franchise agreements with “Tendam”, one of the most important groups in the fashion sector in the premium mass market segment. Cliona currently holds office as director on the board of International Fashion Company Limited (C 70771)

International Fashion Company Limited (C 70771) currently operates eight shops, supplying brands such as “Springfield”, “Women’secret”, “Cortefiel” and “Bortex”. The company plans to continue growing its portfolio and open additional shops in both established and new shopping destinations.

Through The Ona Real Estate Ltd and The Ona Property Development Ltd, Cliona manages a commercial property in Birkirkara and is currently involved in residential development projects in both Qawra and Marsascala.

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