Agios Stefanos, 12 June 2020

The company with the name “Folli Follie Commercial Manufacturing and Technical Société Anonyme” and the distinctive title “FF GROUP” (hereinafter the “Company”) announces to the market that the bankruptcy application filed by two (2) bondholders of the Company and heard on 8 January 2020, was rejected by virtue of the decision no. 305/2020 of the Multi-Member Court of Athens, judging that the substantial legal conditions for the declaration of bankruptcy do not exist.

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.