Aeffe S.p.a.MIL: AEF

Update on negotiated resolution procedure for the business crisis - appointment of CRO

· Issued by Aeffe S.p.a.


AEFFE SPA AND POLLINI SPA: UPDATES ON THE NEGOTIATED COMPOSITION PROCESS OF THE BUSINESS CRISIS

- APPLICATION FOR EXTENSION OF PROTECTIVE AND PRECAUTIONARY MEASURES FILED

- APPOINTMENT OF THE CHIEF RESTRUCTURING OFFICER

San Giovanni in Marignano, 19 January 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 - informs, with reference to the negotiated resolution procedure for the business crisis in relation to which the Company and its subsidiary Pollini SpA filed a request for access on 2 October last ( CNC ), that a request has been filed with the Ordinary Court of Bologna, pursuant to and for the purposes of art. 19, paragraph 5, CCII, for the extension of the protective and precautionary measures granted with provisions of 28 November 2025 and 30 December 2025.

The extension has been requested for a further 120 days starting from February 6, 2026 and, therefore, until June 6, 2026. The Company will inform the market of any developments in this regard.

We also inform you that today, Dr. Stefano Falliti was appointed Chief Restructuring Officer (CRO), responsible for liaising and coordinating the CNC operations between the companies, the expert Dr. Ranalli, and the legal and financial advisors.

Dr. Falliti is a professional with over twenty years of experience in corporate restructuring and turnaround processes in Italy and abroad, with experience in the fashion and retail sectors. He has held positions as Chief Restructuring Officer. Officer in groups including listed ones, operating in complex crisis contexts and insolvency proceedings.

The appointment of the CRO represents a strategic decision that reflects best practices in corporate restructuring processes. As a highly specialized managerial figure in corporate crisis management, Dr. Falliti will assist Aeffe and Pollini's management in the recovery process, supporting its implementation, continuously monitoring its progress, facilitating dialogue with key stakeholders, and providing recommendations to ensure the consistency and effectiveness of the actions undertaken.

Contacts

Investor Relations

AEFFE Spa

Rocco Bennici Investor.relations@aeffe.com

+39 0541 965211

Press Relations

AEFFE Spa

Alessandra Turra alessandra.turra@aeffe.com

+39 02 76059206