The Board of Directors of Salvatore Ferragamo SpA, the parent company of the Salvatore Ferragamo Group, convened under the leadership of Leonardo Ferragamo, Chairman, reaffirmed the appointment of Marco Gobbetti as the Chief Executive Officer of the Company.

Gobbetti's tenure will extend throughout the current term of the Board of Directors, concluding with the Shareholders' Meeting slated to approve the financial statements for the year ending December 31, 2026. Additionally, the Board granted Gobbetti powers consistent with those he previously held, including his role as General Manager of the Company.

Furthermore, maintaining continuity with their previous mandates, the Board authorised proxies to Leonardo Ferragamo Chairman and Angelica Visconti, Vice-Chairman Angelica Visconti. The Board's forthcoming meeting on May 9, 2024, will entail a review of the independence criteria outlined in the Consolidated Law on Finance and the Corporate Governance Code of Borsa Italiana S.p.A. Directors who declared their independence upon candidacy will undergo assessment, alongside the reconstitution of Committees stipulated by the Corporate Governance Code.

During the same session, subject to the favorable opinion of the Board of Statutory Auditors, Pierre La Tour, Group Chief Financial Officer, was appointed as the Manager responsible for preparing financial reports as per Article 154-bis of Legislative Decree No. 58 of February 24, 1998 ("TUF"). His appointment is effective April 24, 2024, and will last until the conclusion of the current Board's term.