Press release

With reference to the Global Offering of Salvatore Ferragamo S.p.A. shares, notice is hereby given that on 1 July 2011, the Joint Global Coordinators Mediobanca, JP Morgan and Banca IMI have exercised the greenshoe option in relation to 3,827,500 shares, equal to the number of shares which were over-allotted.

The purchase price for shares covered by the greenshoe option was € 9.00 per share – the same price established under the terms of the Global Offering – for an aggregate consideration of € 34.45m approx.

Settlement of the shares relating to the greenshoe option will take place on 6 July 2011.

Accordingly, the Global Offering including the greenshoe option involved a total of 42,102,500 Salvatore Ferragamo shares, equal to 25.00% of the company’s share capital, for a total amount of € 378.92m.