VARIOUS ANNOUNCEMENTS | May 04, 2018

Announcement

«FOLLI-FOLLIE COMMERCIAL MANUFACTURING AND TECHNICAL SOCIETE ANONYME», under the trade name «FF GROUP» hereby announces to its investors that today's Quintessential Capital Management publication is unsubstantial, false, slanderous and misleading, resulting in an immediate damage of both the Company's and its shareholders' interests.

The Company reserves the right to revert with a new announcement to the public, containing detailed information on the denial of the false information and data in that publication. The Company has already instructed its legal advisors to proceed with all necessary measures they deem  appropriate in order to protect the rights of the Company, its shareholders' and the public against any civil and/or criminal matters.

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