Giglio.Com

AGM Information • May 24, 2023

Informazione Regolamentata n. 20076-41-2023		Data/Ora Ricezione 24 Maggio 2023 20:39:54	Euronext Milan
Societa'	:	GIGLIO GROUP
Identificativo Informazione Regolamentata	:	177476
Nome utilizzatore	:	GIGLION01 - Mazzitelli
Tipologia	:	3.1
Data/Ora Ricezione	:	24 Maggio 2023 20:39:54
Data/Ora Inizio Diffusione presunta	:	24 Maggio 2023 20:39:56
Oggetto	:	GIGLIO GROUP SPA: ORDINARY 2023	SHAREHOLDERS' MEETING OF 24 MAY
Testo del comunicato

Vedi allegato.

PRESS RELEASE

ORDINARY SHAREHOLDERS' MEETING OF 24 MAY 2023

• Approved the Financial Statements as of 31 December 2022;
• Approved the Report on the Remuneration Policy and on the remunerations paid, pursuant to Art. 123-ter of the Legislative Decree no. 58/1998 and to Art. 84-quater of the Regulation adopted with Consob resolution no. 11971 on 14 May 1999;
• Approved the authorisation to purchase and place own shares.

Genoa, 24 May 2023 Notice is given that Giglio Group S.p.A. Shareholders' Meeting ("Giglio Group" or the "Company", Ticker GG) met today in ordinary session and in single call in Genoa, Piazza della Meridiana, 1, under the chairmanship of Alessandro Giglio and with Marcello Giuliano as Secretary; the meeting was attended by no.2 shareholders, representing no. 12.233.539 shares, corresponding to 55,69 % of the share capital and 71,12 % of the total number of voting rights (in consideration of the shares with increased voting rights).

Annual Financial Statements as of 31 December 2022

The Shareholders' Meeting acknowledged the Consolidated Financial Statements of the group as of 31 December 2022 and approved the Annual Financial Statements as of 31.12.2022 of Giglio Group S.p.A., which closes with a profit of € 118,670.56. These documents contain the income statement and balance sheet data already made available to the public upon the Board of Directors' approval of the annual and consolidated financial statements, as announced on 13 April 2023. The Shareholders' Meeting also resolved to carry forward the aforementioned profit.

Report on the Remuneration Policy and on the remunerations paid

Giglio Group Shareholders' Meeting also approved -pursuant to Art. 123-ter, par. 3-ter of the CFA and to any other law and regulation (and, as such, with a binding resolution)- the Remuneration Policy, as well as -pursuant to Art. 123-ter, par. 6 of the CFA and to any other law and regulation (and, as such, with a non-binding resolution)- the second section of the "Report on the Remuneration Policy and on the remunerations paid".

Authorisation to purchase and place own shares.

Lastly, the Shareholders' Meeting resolved to authorize the purchase and disposal of own shares, establishing that: (i) the purchase can be carried out in one or more tranches, within 18 months from the meeting's resolution; (ii) the purchase price of each share shall not be lower nor higher than 20% of the reference price recorded by the stock in the stock-exchange market in the meeting before each single transaction and, in any case, it shall not be greater than the highest price between the value of the latest independent transaction and the price of the highest current independent purchase offer as defined in the negotiations before the purchase, also when said shares are negotiated in other trading venues; (iii) the maximum amount of shares to be purchased is equal to the maximum allowed by the Law; (iv) purchasing own shares shall be done in compliance with current regulations, hereby including the provisions set forth in Art. 144 bis of the Issuers' Regulation and in Art. 132 of the CFA. The Shareholders' Meeting also resolved

to authorize the Board of Directors, pursuant to Art. 2357-ter, par. 1 of the Italian Civil Code, to dispose of own shares.

The authorization was requested for every purpose permitted by current provisions, including the purposes contemplated in Art. 5 of the MAR and for the support activity of market liquidity pursuant to the practice admitted by Consob pursuant to Art. 13 MAR, as well as to dispose of own shares to be used as part of compensation plans based on the assignment of financial instruments or to service any issues of bonds convertible into Company shares.

At the present date the Company does not hold own shares in its portfolio.

The summary report of the votes shall be made available in accordance with the law on the Company's website at www.giglio.org (in the "Corporate Governance/Shareholders' Meeting/24 May 2023" section), pursuant to Art. 125-quater of the CFA.

***

The minutes of Giglio Group Shareholders' Meeting shall be made available to the public with the terms and conditions required by current legislation.

* * *

The Executive Officer for Financial Reporting, Carlo Micchi, declares, pursuant to Art. 154-bis, par. 2 of the CFA, that the accounting information contained in the present press release corresponds to the accounting figures, books and documents.

Information on Giglio Group:

Founded by Alessandro Giglio in 2003 and listed on the EURONEXT MILAN segment of Borsa Italiana ever since 2018, Giglio Group is the leading company for the design, creation and management of high value-added e-commerce platforms in Italy for Fashion, Design, Lifestyle, Food, Healthcare and Merchandising sectors. The Company is based in Milan, but it is also present with offices in New York, Rome, Lugano and Genoa. Thanks to its remarkable expertise, Giglio Group accompanies its customers in the online distribution of their products through a unique platform, starting from the implementation of fully tailor-made and managed monobrand e-store. Moreover, the Company integrates its business with the dedicated placement on main marketplaces worldwide, ensuring the online management of both new collections and inventories stock. The uniqueness of a "complete-supply-chain" online service thus ensures a 100% sell-through rate.

For further information:

Investor Relator, Elena Gallo: ir@giglio.org; elena.gallo@giglio.org (+39)0283974207

Giglio Group S.p.A. Press Office: SprianoCommunication&Partners

Matteo Russo, mob. +39 3479834881 - mrusso@sprianocommunication.com Cristina Tronconi, mob. +39 3460477901 – ctronconi@sprianocommunication.com Jacopo Ghirardi, mob. + 39 3337139257 - jghirardi@sprianocommunication.com