Agios Stefanos, February 1st, 2019

Pursuant to article 7 par. 3 of Law 3016/2002, the company under the registered name “Folli Follie Commercial Manufacturing and Technical Société Anonyme” and the distinctive title “FF GROUP” (hereinafter, the “Company”) hereby announces that the Board of Directors decided as of its 29-01-2019 meeting, that Mr. Georgios Makris has been appointed Director of Internal Audit, with immediate effect, replacing Mr. Ilias Dimitrakopoulos and will report to the Audit Committee.

Mr. Dimitrakopoulos assumes the role of DPO (Data Protection Officer), managing personal data protection issues (GDPR) and will report to the Chief Financial Officer of the Company. Mr. Dimitrakopoulos is no longer member of the Internal Audit Department.                                                                                

This announcement is released by Folli Follie Commercial Manufacturing and Technical Société Anonyme in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Rule Book of the Athens Exchange. It contains information that qualifies as inside information for the purposes of Article 7 of MAR. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, the person responsible for arranging the release of this announcement on behalf of the Company is Mantalena Kasidiaropoulou, Head of Investor Relations.