Announcement

Folli Follie Commercial Manufacturing and Technical Société Anonymé hereby announces, pursuant to article 6 para. 1 of L. 3340/2005, article 2 para. 2 (e) of the HCMC decision no. 3/347/12.7.2005, the ATHEX Rulebook and L. 3016/2002 on Corporate Governance, the resignation of Mr. Dimitrios Potamitis from an independent non-executive member of the Company's Board of Directors and Chairman of the Audit Committee. It is clarified that confirming relevant articles that have been made available to the public, Mr. Potamitis, who was elected on 8/6/2018 as an independent non-executive member of our Company, expressed his intention to resign from his position. At its extraordinary meeting tomorrow, Thursday 21 June 2018, the Company's Board of Directors will a) accept Mr. Potamitis' resignation  and b) decide on the election of a new independent non-executive member in substitution of the above member, as provided by law. Consequently, following the completion of the meeting of the Company's Board of Directors tomorrow and within the same day, a new supplementary announcement of the Company for the election of the new member and the new composition of the Board of Directors and the Audit Committee will be following immediately.