Safilo’s Shareholders’ Meeting Approves 2013 Financial Statements, Stock Option Plan and Audit Recommendations

By

PADUA, Italy—The shareholders of Safilo Group S.p.A. (SFL:MI) has approved the company’s 2013 financial statements and the board of directors’ report and, furthermore, viewed the consolidated financial statements, during a meeting held yesterday.

With reference to the report on remuneration submitted to the shareholders’ meeting in accordance with Art. 123-ter of the Consolidated Law on Finance, the same meeting has favorably resolved upon the remuneration policy and procedures adopted by the company, according to a statement from Safilo.

The shareholders have also approved in the ordinary session the new Stock Option Plan 2014-2016 proposed by the board of directors on March 5, 2014, and, in the extraordinary session, the consequent capital increase.

During the meeting, the shareholders appointed the board of statutory auditors which remains composed of Paolo Nicolai, appointed from the minority list presented by Only 3T S.r.l. and accordingly appointed as chairman of the board of auditors, Franco Corgnati and Bettina Solimando as standing statutory auditors from the majority list presented by the shareholder Multibrands Italy B.V., Marzia Reginato and Gianfranco Gaudioso as alternate statutory auditors, respectively from the majority and the minority list, the company statement said.

Additionally, the shareholders’ meeting has approved the proposal to maintain the composition of the board of directors of Safilo Group S.p.A. to the current eight members and it was agreed that the board will hold office until the end of its term, that is until the approval of the financial statements at Dec. 31, 2016.

Finally, as proposed by the board of auditors, Deloitte & Touche S.p.A. has been awarded the new auditing mandate by the company for the financial years from 2014 to 2022.