STOCK GRANT PLAN 2012 - 2014

The Shareholders’ Meeting held on April 26, 2012 approved a Stock Grant Plan for the 2012-2013-2014 three-year period, granting Ferragamo Group’s top management with the right to receive, for free, a maximum number of 500,000 ordinary Company shares, provided that certain performance targets were achieved at the end of the aforesaid three-year period.

By adopting the Stock Grant Plan, the Company has set a target for motivating the Group’s key resources beforehand, favouring 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.