Piquadro

Board/Management Information • Jul 26, 2016

Informazione Regolamentata n. 0955-21-2016		Data/Ora Ricezione 26 Luglio 2016 17:07:33	MTA
Societa'	:	PIQUADRO
Identificativo Informazione Regolamentata	:	77365
Nome utilizzatore	:	PIQUADRON01 - Trotta
Tipologia	:	AVVI 16
Data/Ora Ricezione	:	26 Luglio 2016 17:07:33
Data/Ora Inizio Diffusione presunta	:	26 Luglio 2016 17:22:35
Oggetto	:	Board of Directors - Appointment of the CEO and granting of powers
Testo del comunicato

Vedi allegato.

Press release

Piquadro S.p.A. Board of Directors Appointment of the CEO and granting of powers

Silla di Gaggio Montano (BO), July 26, 2016 – The Board of Directors of Piquadro S.p.A., held today for the first time, after its appointment by the Ordinary Shareholders' Meeting of July 26, 2016, has appointed Marco Palmieri also as Chief Executive Officer.

The Board of Directors has also assessed the qualifications of its members (in the number of 7, of whom 3 – Paola Bonomo, Catia Cesari and Barbara Falcomer - satisfying the requirements of independence provided for by Articles 147 ter, paragraph 4, and 148, paragraph 3, of the Legislative Decree 58/1998 – as well as by Article 3 of the Corporate Governance Code promoted by Borsa Italiana S.p.A. and adopted by the Company) and the compatibility of the positions held by the members outside the Company with the duties deriving from their positions as directors of Piquadro S.p.A. The Board of Direcotrs has also appointed Pier Paolo Palmieri as Vice-Chairman of Piquadro S.p.A.

The Board of Directors has then appointed the Control and Risks Committee and the Remuneration and Nomination Committee.

Paola Bonomo, Catia Cesari and Barbara Falcomer, all non executive and independent directors, have been appointed as members both of the Control and Risks Committee and of the Remuneration and Nomination Committee.

Finally, the Board of Directors has appointed Paola Bonomo as Lead Independent Director.

The curricula vitae - together with additional supporting documentation - are available at the registered offices of the Company, on the Company's internet website www.piquadro.com and on the authorized storage device "NIS-Storage" at the address .

Piquadro

Piquadro is an Italian brand of professional and travel leather goods characterized by innovative design and technological content. In all Piquadro products the three distinctive values inspiring the brand - design, functionality and technological innovation – are combined with the flavour of Italian handicraft working, the quality of first-class hides and attention to detail.

The company originated from an idea of Marco Palmieri, the current Chairman and Chief Executive Officer. Piquadro is headquartered in Silla di Gaggio Montano, near Bologna, where it carries out all design, project, planning, acquisition, quality control, logistics, marketing, communications and distribution activities. In the fiscal year ended March 31, 2016, consolidated revenues amounted to € 69.31 million, up 3.1% versus the previous year, and consolidated net profit was approximately € 3.88. Piquadro sells its products in over 50 countries worldwide, through a distribution network that

includes 102 single-brand boutiques (59 in Italy and 43 abroad out of which 56 DOS-directly operated stores and 46 franchised). Piquadro has been listed on the Italian Stock Exchange since October 2007.

Piquadro S.p.A. Piquadro S.p.A. Media Public Relation Investor relationship Paola Di Giuseppe Roberto Trotta Tel +39 02 37052501 Tel +39 0534 409001

paoladigiuseppe@piquadro.com investor.relator@piquadro.com