The Board of Directors of Safilo Group S.p.A. has today reviewed and approved the results
of the first half of 2018 and a five-year Business Plan which includes an update of the previous 2020 Plan.

H1 2018 performance reflected the decline of the European sunglass sales in Q2 and the continuing weakness of the business in North America. Growth in emerging markets and in the prescription eyewear business were positive highlights. Progress on cost savings in line with plans and partially offsetting negative operational leverage.