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Piaggio & C

Legal Proceedings Report May 25, 2020

4466_iss_2020-05-25_3414f1b9-8399-455c-838b-c560453a6f4b.pdf

Legal Proceedings Report

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Informazione
Regolamentata n.
0835-34-2020
Data/Ora Ricezione
25 Maggio 2020
12:09:22
MTA
Societa' : PIAGGIO & C.
Identificativo
Informazione
Regolamentata
: 132948
Nome utilizzatore : PIAGGION05 - LUPOTTO
Tipologia : REGEM
Data/Ora Ricezione : 25 Maggio 2020 12:09:22
Data/Ora Inizio
Diffusione presunta
: 25 Maggio 2020 12:09:24
Oggetto : PIAGGIO GROUP: THE EUROPEAN
UNION DEFENDS THE EXCLUSIVITY OF
THE VESPA, A DESIGN REGISTERED BY
A CHINESE PARTY IS DECLARED
INVALID
Testo del comunicato

Vedi allegato.

PRESS RELEASE

PIAGGIO GROUP: THE EUROPEAN UNION DEFENDS THE EXCLUSIVITY OF THE VESPA, A DESIGN REGISTERED BY A CHINESE PARTY IS DECLARED INVALID

The Piaggio Group continues its fight against counterfeiting, winning more than 50 opposition proceedings to safeguard the Vespa in the last two years

Milan, 25 May 2020 – The Piaggio Group (PIA.MI) said that a design registered by a Chinese party, used to justify the production of scooters similar to the Vespa exhibited at the EICMA 2019 two-wheeler show in Milan, which were removed by the authorities of the Fiera exhibition centre after a complaint was lodged by Piaggio, had been declared invalid by the invalidity division of the European Union Intellectual Property Office (EUIPO).

The EUIPO invalidity division annulled the registration since it was "incapable of eliciting a different general impression with respect to the registered design" of the Vespa Primavera, and pointed out that the registration was an unlawful attempt to reproduce the scooter's aesthetic elements.

The Vespa Primavera is protected by the design registered by the Piaggio Group in 2013, by the three-dimensional trademark of the Vespa scooter and by the copyright that safeguards the artistic value of the shape of the Vespa, a style icon since 1946.

The invalidity proceedings are part of the wider activities against counterfeiting undertaken by the Piaggio Group for years. This includes continuous monitoring of the databases of internationally registered designs and trademarks, which, as a result of the opposition proceedings initiated by Piaggio, has led to the cancellation of more than 50 trademarks registered by third parties in the last two years.

For further information:

Piaggio Group Corporate Press Office Director Diego Rancati Via Broletto, 13 - 20121 Milan – Italy +39 02.319612 19 [email protected]

Image Building Via Privata Maria Teresa, 11 - 20123 Milan - Italy +39 02 89011300 - [email protected]

Piaggio Group Investor Relations Director Raffaele Lupotto Viale Rinaldo Piaggio, 25 56025 Pontedera (PI) – Italy +39 0587.272286 [email protected] piaggiogroup.com

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