Aeffe — AGM Information 2020

Apr 7, 2020

Informazione Regolamentata n. 0923-33-2020		Data/Ora Ricezione 07 Aprile 2020 12:40:51	MTA - Star
Societa'	:	AEFFE
Identificativo Informazione Regolamentata	:	130424
Nome utilizzatore	:	AEFFEN01 - Degano
Tipologia	:	REGEM
Data/Ora Ricezione	:	07 Aprile 2020 12:40:51
Data/Ora Inizio Diffusione presunta	:	07 Aprile 2020 12:40:52
Oggetto	:	FFH and IM proposal for Shareholders Meeting
Testo del comunicato

Vedi allegato.

PRESS RELEASE

AEFFE: Communication concerning the resolution proposal of Fratelli Ferretti Holding and Im Fashion at the Shareholder's Meeting on 22th April 2020 and operating methods of the Meeting.

San Giovanni in Marignano, 7 th April 2020

With reference to the Aeffe Ordinary Shareholders Meeting called for the next 22th April 2020,, following what has been already anticipated in the relevant notice of call (the "Notice") and in the press release on 20th March 2020, considering that the participation to the Meeting is allowed only through the Designated Representative, please be informed that the Shareholders Fratelli Ferretti Holding S.r.l. and Im Fashion S.r.l. have communicated to the Company, asking that the latter gives appropriate diffusion, that, with reference to points 4.1, 4.3, 4.4 e 5.2 of the Meeting Agenda, they will submit to the Shareholders Meeting's approval, through the Designated Representative, the following resolution proposals:

• point 4. 1: as far as the number of the members of the appointing Board of Directors is concerned, it is proposed that it is composed by 9 (nine) members;
• point 4.3: as far as the appointment of President of Board of Directors is concerned, it is proposed the designation of Mr. Massimo Ferretti;
• point 4.4: as far as the remuneration of the members of the appointing Board of Directors is concerned, it is proposed to fix the total annual emoluments of the directors not assigned special duties in line with the Remuneration Policy and equal to Euro 150,000 (one hundred and fifty thousand), to be allocated among those directors in the manner decided by the Board of Directors and authorizing that Board, pursuant to art. 21 of the Articles of Association, to determine the emoluments of the executive directors, plus reimbursement of the actual expenses incurred in the performance of their mandate;
• point 5.2: as far as the remuneration of the members of the appointing Board of Statutory Auditors is concerned, it is proposed to fix the remuneration of each member of the Board of Statutory Auditors, as provided by the

minimum tariffs envisaged by Min. Decree 140/2012, as rounded down to the nearest Euro 5,000 (five thousand), and, therefore, to fix at Euro 105,000 (one hundred and five thousand) the total annual remuneration, to be allocated among the Statutory Auditors in the annual amount of Euro 30,000 (thirty thousand) for each Serving Auditor and Euro 45,000 (forty five thousand) for the Chairman of the Board of Statutory Auditors, plus the reimbursement of the actual expenses incurred in the performance of their mandate.

With reference to point 4.1 of the Agenda, please remember that two lists have been presented and that the number 1 has been assigned to the list presented by Fratelli Ferretti Holding and Im. Fashion, while the number 2 has been assigned to the list presented by Anima SGR S.p.A. manager of funds: Anima Crescita Italia, Anima Iniziativa Italia; Arca Fondi SGR S.p.A. manager of funds: Arca Economia Reale Bilanciato Italia 30, Arca Economia Reale Italia, Arca Azioni Italia; Eurizon Capital SGR S.p.A. manager of funds: Eurizon Progetto Italia 70, Eurizon PIR Italia Azioni; Fideuram Asset Management (Ireland) manager of fund: Fonditalia Equity Italy; Fideuram Investimenti SGR S.p.A. manager of funds: Fideuram Italia, Piano Azioni Italia, Piano Bilanciato Italia 50, Piano Bilanciato Italia 30; Interfund Sicav Société d'Investissement section Interfund Equity Italy; Generali Investments Luxembourg S.A. manager of fund Generali Smart Funds Sicav; Mediolanum International Funds Limited manager of fundChallenge Funds – Challenge Italian Equity; Mediolanum Gestione Fondi SGR S.p.A. manager of funds Mediolanum Flessibile Futuro Italia e Mediolanum Flessibile Sviluppo Italia.

Under request of the Shareholders Fratelli Ferretti Holding S.r.l. and Im Fashion S.r.l., the Company publishes the present press release on its website www.aeffe.com (sections investor relation/ press release) as well as on the website .

Covid – 19 Emergency

Please be informed that the Shareholders Meeting will be carried out exclusively through means of telecommunication.

Investor Relations

AEFFE S.p.A Annalisa Aldrovandi +39 0541 965494 annalisa.aldrovandi@aeffe.com www.aeffe.com

Barabino & Partners Marina Riva +39 02 72023535 m.riva@barabino.it