SECTION 16 POWER OF ATTORNEY
Know all by these presents that Dieter Esch
and Lorex Investments AG each hereby constitute and
appoint Steven D. Davidson as their true and lawful
attorney-in-fact to:
(1) Execute for the undersigned, and on their behalf,
Forms 3, 4, and 5 with respect to their respective
beneficial ownership of securities of Wilhelmina
International, Inc. (the "Company") in accordance
with Section 16(a) of the Securities Exchange Act
of 1934 and the rules thereunder;
(2) Do and perform any and all acts for and on behalf
of the undersigned which may be necessary or desirable
to complete and execute any such Form 3, 4, or 5,
complete and execute any amendment or amendments thereto,
and timely file such form with the United States Securities
and Exchange Commission and any stock exchange or similar
authority; and
(3) Take any other action of any type whatsoever in
connection with the foregoing which, in the opinion of
such attorney-in-fact, may be of benefit to, in the best
interest of, or legally required by the undersigned, it
being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant
to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact
may approve in such attorney-in-fact's discretion.
The undersigned hereby grant to such attorney-in-
fact full power and authority to do and perform any and
every act and thing whatsoever requisite, necessary, or
proper to be done in the exercise of any of the rights
and powers granted above, as fully to all intents and
purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-
fact, or such attorney-in-fact's substitute or substitutes,
shall lawfully do or cause to be done by virtue of this
power of attorney and the rights and powers herein granted.
The undersigned acknowledge that the foregoing attorney-
in-fact, in serving in such capacity at the request of the
undersigned, is not assuming any of the undersigned's
responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.
This Power of Attorney shall remain in full force and
effect until the undersigned are no longer required to file
Forms 3, 4, and 5 with respect to the beneficial ownership
of securities of the Company, unless earlier revoked by
the undersigned in a signed writing delivered to the foregoing
attorney-in-fact and the Company.
IN WITNESS WHEREOF, the undersigned has caused
this Power of Attorney to be executed as of this 19th
day of August, 2016.
/s/ Dieter Esch
LOREX INVESTMENTS AG
By: /s/ Dieter Esch, Owner
