Safilo Group — Remuneration Information 2023

Apr 6, 2023

REPORT OF THE DIRECTORS FOR THE ORDINARY

SHAREHOLDERS' MEETING

OF

SAFILO GROUP S.p.A.

CALLED ON APRIL 27, 2023, IN SINGLE CALL

ITEM NO. 2 ON THE AGENDA (Report drafted pursuant to Article 125-ter of the T.U.F. and Article 84-ter of the Issuer's Regulation)

Dear Shareholders,

With this report we would like to illustrate item no. 2 on the agenda of the Ordinary Shareholders' Meeting of the Company, called at the registered office of the Company on April 27, 2023, at 10 am, in single call.

2. Report on the remuneration policy and on the remuneration paid:

2.1 Approval of Section I of the report

2.2 Non-binding vote on Section II of the report

Furthermore, we submit to your attention the Report on the remuneration policy and the remuneration paid, drafted pursuant to Article 123-ter of Legislative Decree 58/98, as subsequently amended. We remind you that the Report on the remuneration policy and the remuneration paid is divided into two sections, which illustrate respectively:

• (i) the Company's policy on the remuneration of the members of the Board of Directors, managers with strategic responsibilities and Board of Statutory Auditors for the 2023 financial year and the procedures used for the adoption and implementation of this policy (the "Remuneration Policy");
• (ii) each of the items that make up the remuneration of the members of the Board of Directors, Board of Statutory Auditors and managers with strategic responsibilities, as well as the remuneration paid to them for any reason during the 2022 financial year (the "Remuneration Paid").

Pursuant to the aforementioned provision, the Shareholders' Meeting is called to approve the first section of the Report containing the Remuneration Policy and to resolve in favor of or against the second section of the Report containing the Remuneration Paid. The resolution of the Shareholders' Meeting on the second section is not binding but the outcome of the vote will in any case be made available to the public pursuant to Article 125-quater, paragraph 2, of Legislative Decree 58/98. If the Shareholders' Meeting does not approve the Remuneration Policy, the Company will arrange to pay remunerations in accordance with the latest remuneration policy approved by the Shareholders' Meeting.

It should be noted that (i) the Remuneration Policy was approved by the Board of Directors on March 9, 2023, upon proposal of the Remuneration and Nomination Committee; and (ii) the Report on the remuneration policy and on the remuneration paid will be made available in due course at the registered office of the Company, on the Company's web site https://www.safilogroup.com/en/governance/shareholders-meeting as well as at the central storage of regulated information in compliance with the legal terms, and in any case no later than April 6, 2023.

Given all the above, and referring for more information to the contents of the Report on the remuneration policy and on the remuneration paid, we submit to your approval the following

proposed resolution

"The Shareholders' Meeting:

• having considered the contents of the first section of the Report on the remuneration policy and on the remuneration paid, relating to the Company's policy on the remuneration of the members of the Board of Directors, managers with strategic responsibilities and Board of Statutory Auditors for the 2023 financial year and the procedures used for the adoption and implementation of this policy;
• having considered the contents of the second section of the Report on the remuneration policy and on the remuneration paid, relating to the items that make up the remuneration of the members of the Board of Directors, Board of Statutory Auditors and managers with strategic responsibilities, as well as the remuneration paid to them for any reason during the 2022 financial year;
• having taken into account the Illustrative Report of the Board of Directors;

resolves

• - to approve the first section of the Report on the remuneration policy and on the remuneration paid;
• - to issue a favourable opinion (not binding) on the second section of the Report on the remuneration policy and on the remuneration paid."

Padua, April 6, 2023

for the Board of Directors Eugenio Razelli Chairman