Brunello Cucinelli — Investor Presentation 2019

May 8, 2019

1Q 19 Revenues

May 8 th , 2019

Brunello Cucinelli

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press release 8 th May 2019

" We can't but be very very satisfied with the start of the year for our company, which has continued on its linear, sound and balanced growth-path across all channels and markets. Evidence of this are the excellent sell-out rates achieved by the Spring/Summer 2019 collection. "

" Still inspired by an idea of consistent and balanced growth, we are now tackling the "kids line" new project with excitement, respect and moderation."

" Considering the excellent order intake for the Fall / Winter 2019 collection, we believe we will achieve our healthy growth target of 8% by striving to always work in serenity and harmony. "

€ mln	1Q 18	1Q 19	YoY % Chg
Net Revenues	148.3	160.4	+8.1%
		Constant exchange rates +7.1%
Italy	27.2	28.4	+4.2%
Rest of Europe	48.0	52.1	+8.7%
North America	42.5	46.4	+9.2%
Greater China	13.7	15.4	+12.7%
RoW	17.1	18.1	+6.4%

Revenues by Region

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Revenues Breakdown

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Revenues Highlights

Rest of Europe

Brand appreciation and positive results achieved both in the most important luxury streets and Luxury Department Stores where we are present

Greater China

Very interesting potential with respect to both the monobrand channel and the multibrand channel, taking opportunities with a gradual manner

Targeting healthy and balanced growth, maintaining the brand's prestige and allure at top levels

Italy

Increasing importance related the "taste" of the collections, confirming capable of attracting purchases from both the local customer and the top-end traveler

North America

Business performance reflects a very positive moment for the brand, thanks to its relative positioning and the type of Ready to Wear offer

There was a positive trend in both the monobrand channel and the multibrand channel, to which we attribute the greatest value

5

Rest of the World

Very satisfied with the relationship we have succeeded in creating with our customers and their detailed knowledge of the brand's philosophy and the pleasure it gives them to make purchases in spaces and boutiques where they can "feel at their ease"

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€ mln

2015

11.1

1Q 19

* Wholesale Monobrand Revenues as of 31/03/2018, excluding sales related 4 physical boutiques converted into direct channel in the last 12 months

Monobrand Network

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Wholesale Monobrand

28 boutiques as of March '19 (31 boutiques as of March '18)

Retail

100 boutiques as of March '19 (compared with 94 boutiques as of March '18)

Selected openings, including 2 new boutique and 4 conversions from wholesale monobrand channel

5 hard shop in Luxury Department Stores moved to "concession" management in the last 12 months

Sustainable LFL performance

Investor Relations

Significant Shareholdings*

Trust Brunello Cucinelli (Fedone s.r.l.)	51.0%
FMR LLC (Fidelity)	10.0%
Oppenheimer Funds	4.9%
Other	34.1%

Board of Directors

Brunello Cucinelli	Chairman and C.E.O.
Moreno Ciarapica	Director and C.F.O.
Riccardo Stefanelli	Director and Co-C.E.O.
Luca Lisandroni	Director and Co-C.E.O.
Camilla Cucinelli	Director
Giovanna Manfredi	Director
Carolina Cucinelli	Director
Andrea Pontremoli	Lead Independent Director
Candice Koo	Independent Director
Matteo Marzotto	Independent Director
Massimo Bergami	Independent Director

Investor Relations & Corporate Planning Director

Brunello Cucinelli S.p.A.
Viale Parco dell'Industria, 5
Solomeo (PG)
Italia

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* As of the date of this document based on Consob major shareholdings disclosures

This presentation may contain forward looking statements which reflect Management's current views and estimates.

The forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements.

Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments.

Figures as absolute values and in percentages are calculated using precise financial data. Some of the differences found in this presentation are due to rounding of the values expressed in millions of Euro.

The Manager in Charge of preparing the Corporate accounting documents, Moreno Ciarapica, declares pursuant to and to the effects of article 154-bis, paragraph 2 of Legislative Decree no. 58 of 1998 that the disclosures included in this release correspond to the balances on the books of account and the accounting records and entries.