EssilorLuxottica and Delfin sign settlement agreement to solve EssilorLuxottica’s governance issues and unlock the Group’s potential to accelerate the integration process

• Leonardo Del Vecchio and Hubert Sagnières empowered Francesco Milleri and Laurent Vacherot to immediately focus on integration process, accelerating the simplification of the new Group
• All current disputes to be waived and terminated, including Delfin’s arbitration
• Key executives jointly appointed to staff in order to lead the Group’s central functions
• Confirmation of the search for CEO
• Valoptec will withdraw its proposed additional resolution and will vote against the remaining additional proposals to appoint new Board members