Luxottica Group majority shareholder Delfin S.à r.l. files candidate list for the appointment of members to the Company’s Board of Directors and Board of Statutory Auditors
Milan (Italy), March 21, 2018 - Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, announced that Delfin S.à r.l., its majority stockholder and holder of 62.44% of the issued share capital, filed its candidate lists today for the appointment of members to the Company’s Board of Directors and Board of Statutory Auditors. These candidate lists will be considered at the General Meeting of Stockholders of Luxottica Group S.p.A. convened on April 19, 2018.
Delfin filed the following list of candidates for the Board of Directors:
- Leonardo del Vecchio
- Luigi Francavilla
- Francesco Milleri
- Stefano Grassi
- Elisabetta Magistretti
- Maria Pierdicchi
- Sabrina Pucci
- Karl Heinz Salzburger
- Luciano Santel
- Cristina Scocchia
- Andrea Zappia
Candidates Elisabetta Magistretti, Maria Pierdicchi, Sabrina Pucci, Karl Heinz Salzburger, Luciano Santel, Cristina Scocchia and Andrea Zappia declared, when accepting their candidacy, that they each meet the independence requirements set forth under Art. 147-ter of the Consolidated Financial Act and under the Corporate Governance Code of Conduct promoted by Borsa Italiana S.p.A. and adopted by Luxottica.
Delfin filed the following list of candidates for the Board of Statutory Auditors:
Regular Statutory Auditors:
- Dario Righetti
- Barbara Tadolini
- Stefano Beltrame
Alternate Statutory Auditors:
- Maria Venturini
- Paolo Giosuè Bifulco
Delfin also submitted the following proposals:
- To set the number of directors of the Luxottica Group S.p.A. Board of Directors at 12. However, if a minority list is not presented for the appointment of the Board of Directors, it will propose to set the number of directors at 11;
- To set the term of office of the Board of Directors for one year, until the approval of Statutory Financial Statements as of and for the year ended December 31, 2018, upon the approval by the extraordinary Stockholders’ Meeting of the amendment of Article 18 of the By-Laws;
- Remuneration for the full term of office in the amount of Euro 1,100,000 to be paid in the event the number of members of the Board of Directors is set at 11 and Euro 1,200,000 in the event the number of members of the Board of Directors is set at 12. Remuneration will be divided among individual Directors in accordance with resolutions adopted by the Company’s Board of Directors;
- To grant the Chairman of the Board of Statutory Auditors gross annual compensation for the full term of office equal to Euro 105,000 and to grant each Statutory Auditor gross annual compensation equal to Euro 70,000.
The relevant documentation which has been filed along with the lists of candidates, including their curricula vitae, will be made available at the Company's registered office, on the Company's website in the Company/Governance/General Meeting section of www.luxottica.com and on the "eMarket Storage" platform at http://emarketstorage.com as required by applicable law.