With reference to the regulatory requirements regarding the conditions for the listing of shares in companies with control over companies established or regulated under the law of non-EU countries which are materially significant for consolidation purposes, it is reported as follows:
a.Benetton Group S.p.A. has direct or indirect control over 17 companies based in 11 non-EU countries to which the above rules apply;
b.none of these companies individually exceeds the parameters contained in para. 1, art. 151 of the Issuer Regulations;
c.the Group has suitable procedures for complying with the above rules:
1.the above companies prepare accounts for the purposes of drawing up the consolidated financial statements; the balance sheets and statements of income of these companies are made available to shareholders in the manner and terms required by the related regulations;
2.under its internal procedures, Benetton Group S.p.A. keeps the articles of association of all Group companies, and details of the composition and powers of their directors and other officers;
3.all consolidated Group companies provide the independent auditors of Benetton Group S.p.A. with the information needed for correctly performing the audit of the Parent Company's annual and interim accounts. These companies have suitable accounting and administrative systems for providing the Company's Accounting, Finance and Control office and the independent auditors with statements of income, balance sheets and financial information needed to prepare the consolidated financial statements.