Giglio.Com

Board/Management Information • Jul 9, 2023

Informazione Regolamentata n. 20076-49-2023		Data/Ora Inizio Diffusione 09 Luglio 2023 18:59:55	Euronext Milan
Societa'	:	GIGLIO GROUP
Identificativo Informazione Regolamentata	:	179105
Nome utilizzatore	:	GIGLION01 - Mazzitelli
Tipologia	:	3.1
Data/Ora Ricezione	:	09 Luglio 2023 18:59:50
Data/Ora Inizio Diffusione	:	09 Luglio 2023 18:59:55
Oggetto	:	GIGLIO GROUP SPA: RESIGNATION OF DIRECTOR
Testo del comunicato

Vedi allegato.

Resignation of Director

Milan, 9 July 2023 – Giglio Group S.p.A. ("Giglio Group" or the "Company"), -an e-commerce 4.0 company listed on the Euronext Milan market managed by Borsa Italiana S.p.A. (Ticker GG)-, announces that it has received, on Saturday 8 July, the resignation, with immediate effect, of the lawyer Sara Armella from the position of non-executive and independent director of the Company, due to work commitments.

The Board of Directors of the Company shall proceed, as soon as possible and with the support of the Appointments and Remuneration Committee and upon the approval of the Board of Statutory Auditors, pursuant to Art. 2386 of the Italian Civil Code, to co-opt a new director -promptly informing the market, too.

Consequently, also the roles appointed to Armella in the Committees will be taken on by the new director in possession of the necessary requisites of experience and competence.

It is noted that, other than what due by law, Armella shall not receive any additional remuneration for the termination of the work relationship and that, as of the today, on the basis of the communication made to the Company and the public, the outgoing director does not hold, neither directly nor indirectly, any share of the Company.

Alessandro Giglio, on behalf of the entire Board of Directors, sincerely thanks Sara Armella for the activity carried out and the profuse commitment in the exercise of her functions in favour of the Company and for all the dedication and valuable contribution that in these years she has provided to the governance of the group; he congratulates Armella on this new prestigious position in the Bank of Italy (Board of Directors of the Bank of Italy, Genova), wishing her the very best of luck in this new professional adventure of hers.

Information on Giglio Group::

Founded by Alessandro Giglio in 2003 and listed on the EURONEXT Milan 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 and, more recently, Food and Healthcare 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