Combination Agreement Essilorluxottica

Important information about the agreement, including shareholder commitments communicated to Consob under Article 122 of Decree Law 58 of 24 February 1998, “I am very pleased with this result. The industrial logic of the combination is even stronger when you consider all the possibilities available to the integration committee meetings. With respect for the same power and the combination agreement, we have now found a solution to better implement this strategic combination,” comments Leonardo Del Vecchio, Executive Chairman of EssilorLuxottica. This press release is distributed only to (i) persons outside the United Kingdom or (ii) to investment professionals under Article 19, paragraph 5 of the Financial Services and Markets Act 2000 (financial Promotion) Order 2005 (the “Order”) or (iii) wealthy companies, and is only for persons located outside the United Kingdom. and others to whom it may be legally disclosed, who are subject to (a) section 49 of paragraph 2 of the Order (all of these persons are referred to as “relevant persons”). The securities referred to are only available for all invitations, offers or agreements for subscription, purchase or acquisition of such securities only with persons concerned. Anyone who is not a relevant person should not act or rely on this document or any of its contents. EssilorLuxottica`s Board of Directors unanimously supported and approved the agreement in order to make the group`s structure more efficient and operationally efficient. To date, the Chinese Competition Authority has not yet approved the proposed combination between Essilor and Luxottica, as this authorization is a precondition for the closure of the suit. The parties remain confident that they will be able to close the cartel and abuse of dominance proceedings in China and Turkey in the coming weeks. MILAN/PARIS (Reuters) – EssilorLuxottica`s chief shareholder and chairman has filed an arbitration request to examine allegations of breaches of a merger agreement between the Italian and French groups, exacerbating a power-sharing dispute.