This is a completed and painted, fixed-pose figure.
From the Good Smile Company website:
From the spin-off DEAD OR ALIVE game, "DEAD OR ALIVE Xtream3" comes a figure of Marie Rose wearing a bunny girl outfit! Her youthful yet seductive appearance has been captured in an impressive 1/4th scale size for fans to enjoy by their side! The sculpt is based on her iconic tag-team pose with Honoka from Dead or Alive 5.
The net tights around her legs are made with real fabric for an authentic look similar to previous B-style figures, and the soft, pale shades of color that Marie is known for has been captured as faithfully as possible on the figure! Honoka: Bunny Ver. is also scheduled to be announced soon, so be sure to display them together and bring out the DEAD OR ALIVE Xtream3 universe even more!