Agios Stefanos, 18 December 2020

The company with the name “Folli Follie Commercial Manufacturing and Technical Société Anonyme” and the distinctive title “FF Group” (the “Company”), updates the market on the delivery of the Interim Report of an Extra-Ordinary Management Audit, which was prepared by the audit company “PricewaterhouseCoopers SA” by virtue of the decision no. 2893/2018 of the Single-Member Court of First Instance (hereinafter the “Report”). The Report is based on the audit conducted mainly on the records of the Company and its subsidiary “FF Group Sourcing Limited”.

The Company is processing the Report with its legal advisors and will revert with a further update to the market on its next actions.

This announcement is released by the Company pursuant to the relevant provisions of the Market Abuse Regulation (EU) 596/2014 (MAR), article 2 para. 2 (e) of the Decision 3/347/12.7.2005 of the Hellenic Capital Markets Commission 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.