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 25, 2015 - Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX), a leader in the design, manufacture, distribution and sale of premium, luxury and sports eyewear, announced that Delfin S.à r.l., its majority stockholder and holder of 61.41% 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 24, 2015.
Delfin filed the following list of candidates for the Board of Directors:
1) Leonardo Del Vecchio
2) Luigi Francavilla
3) Adil Mehboob-Khan
4) Massimo Vian
5) Luigi Feola
6) Elisabetta Magistretti
7) Mario Notari
8) Maria Pierdicchi
9) Karl Heinz Salzburger
10) Luciano Santel
11) Cristina Scocchia
12) Sandro Veronesi
13) Andrea Zappia
Candidates Luigi Feola, Elisabetta Magistretti, Maria Pierdicchi, Karl Heinz Salzburger, Luciano Santel, Cristina Scocchia, Sandro Veronesi 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:
1) Alberto Giussani
2) Barbara Tadolini
3) Carlo Lazzarini
Alternate Statutory Auditors:
1) Maria Venturini
2) Paolo Giosuè Bifulco
Delfin also submitted the following proposals:
- To set the number of members of the Board of Directors at 14 with these Directors remaining in office until approval of the Company’s financial statements for the 2017 fiscal year. In the event no candidate list is filed for the appointment of the Board by minority stockholders, Delfin proposes to set the number of members of the Board of Directors at 13;
- Remuneration for the full term of office in the amount of Euro 1,400,000 to be paid in the event the number of members of the Board of Directors is set at 14 and Euro 1,300,000 in the event the number of members of the Board of Directors is set at 13. 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.
As required by applicable law, the relevant documentation which has been filed along with the lists of candidates, is made available at the Company's registered office, on the "1info" storage mechanism at www.1info.it and on the Company's website in the Company/Governance/GeneralMeeting section at www.luxottica.com in accordance with the terms provided by law.