Stock Grant Plan 2016-2020

The Shareholders’ Meeting held on April 21, 2016 has approved the Stock Grant Plan 2016 - 2020, granting Salvatore Ferragamo Group’s management the right to receive, for free, a maximum number of 600.000 ordinary shares of the Company, provided that certain performance targets were achieved at the end of each cycle of the Plan (1°cycle: 2016 – 2018 and 2°cycle: 2017 – 2020).

By adopting the Stock Grant Plan, the Company has set a target for motivating the Group’s key resources beforehand, favoring their loyalty, granting instruments representing the Company’s value, thus aligning the interests of all Plan beneficiaries with that of the shareholders, as well as enhancing the Group’s medium and long term performance as a whole and, hence, creating value for the investors in the Company’s venture capital.