Business
Aeffe S p A : PR-Balance postponement and new appointments
Aeffe S p A : PR-Balance postponement and new
About this update from Aeffe S.p.a.
AEFFE SPA: The Board of Directors approves the postponement of the approval of the 2025 budget -resulting in a subsequent change to the 2026 financial calendar. SIMONE BADIOLI APPOINTED INVESTOR RELATOR MARCO PIAZZI APPOINTED MANAGER IN CHARGE OF PREPARATION San Giovanni in Marignano, 14 May 2026. Following the press release of 12 May 2026, Aeffe SpA ( Aeffe or the Company ) - a company listed on the Euronext Milan market of the Italian Stock Exchange, a leader in the fashion and luxury sector - announces that today the Board of Directors resolved to postpone the approval of the draft financial statements and consolidated financial statements to December 31, 2025, and, consequently, the related approval of the financial statements by the Shareholders' Meeting, beyond the deadline of 180 days from the end of the financial year. This postponement was made necessary by the ongoing restructuring process, the outcome of which depends on the progress of discussions initiated with Oxy Italia Srl regarding the non-binding offer submitted by the latter as the leader of a consortium of industrial and financial partners currently being structured, the finalization of the strategic plan underlying the intervention envisaged by the offer itself, and the obtaining of new financing to support the Company's operations until the transaction is completed. An authorization application is expected to be filed pursuant to Article 22 of the Italian Corporate Crisis Code. In consideration of the timing envisaged in the non-binding offer cited above, the Board of Directors has consequently approved the updated 2026 Financial Calendar, as follows: June 30, 2026 : Board of Directors meeting to approve the draft statutory and consolidated financial statements as of December 31, 2025, and related conference call at 4:00 p.m. July 30, 2026 : Board of Directors meeting to approve the 2026 half-yearly report and related conference call at 4:00 p.m. July 31, 2026 : Annual Shareholders' Meeting to approve the separate and consolidated financial statements as of December 31, 2025, and appoint the corporate bodies. The updated Financial Calendar is also available on the Company website (aeffe.com - Investors Relations section). *** Further to the press release of April 29, 2026, we also announce that today the Board of Directors appointed Simone Badioli, CEO and director of the Company, as...