Aeffe

Investor Presentation • Feb 13, 2017

AEFFE 2016 Consolidated Revenues February 2017

Net Sales Breakdown by Division(1)

2

Net Sales Breakdown by Brand

Net Sales Breakdown by Region

FY 2016

33,1 17,9 2,3 6,7 16,2 27,5 12,3 2,5 4,4 14,9 35,9 16,3 2,5 5,9 15,3 29,6 13,5 1,8 5,9 16,2 0,0 10,0 20,0 30,0 40,0 50,0 60,0 70,0 80,0 90,0 100,0 110,0 120,0 130,0 Italy Europe Russia USA RoW % on Total SalesItalyEuropeRussia USARoW22% 22% 3%45%8% (€m) (€m) +5.3% *+6.4% *(0.7%) *+2.9% *+3.2% *(1)126,160,09,122,962,6

FY 2015

(1) Italy and Russia excluded

* At constant exchange rates

1Q2Q 3Q4Q

Net Sales Breakdown by Channel

* At constant exchange rates

1Q2Q3Q4Q

Disclaimer

This presentation is being furnished to you solely for your information on ^a confidential basis and may not be reproduced orredistributed to any other person.

This presentation does not constitute or form part of any offer to sell or invitation to purchase or subscribe for, or otherwise acquire or dispose of any Aeffe S.p.A. securities.

This presentation includes forward-looking statements which are based on the Company's management's current views with respect tofuture events and financial and operational performance of the Company and its subsidiaries. These forward-looking statements aresubject to risks and uncertainties. In light of these risks and uncertainties, the events described in such forward-looking statements maynot occur and any targets or projections may differ materially from those expressed in or implied by these statements due to anynumber of different factors.

You are cautioned not to place undue reliance on the forward-looking statements contained herein, which are made only as of the daterof this presentation. Aeffe S.p.A. does not undertake any obligation to publicly release any updates or revisions to any forward-lookingstatements to reflect events or circumstances after the date of this presentation.

Any reference to past performance or trends or activities of Aeffe Group shall not be taken as ^a representation or indication that suchperformance, trends or activities will continue in the future.