Negma Group, investment company, and FAI, an Italian expert in restructuring and acquisitions, announce the acquisition
of ZILLI house with the approval of the Chairman of the Commercial Court of Lyon.

Founded in 1965 by Alain Schimel, ZILLI is a French house reputed in the world of men’s fashion, particularly for its pioneering
role in the invention of the luxury leather jacket. A global reference for more than 50 years, with the Living Heritage Company
label. Refined by the craftsmen and women in its Lyon workshops, the selection of rare hides and exceptional fabrics are
transformed into unique creations. Over the years ZILLI has developed a complete luxury menswear wardrobe: from suits to
shirts, small leather goods, belts, knitwear, jeans, footwear, eyewear. Today, the ZILLI universe shines in the world’s most
beautiful cities, with its stores at the most prestigious addresses.

The aim of the Negma Group and Fai is to consolidate ZILLI house and to set it up as a key player in luxury menswear.
To highlight its identity and the history that it has built up over more than 50 years and capitalize on its Lyon-based expertise.

In real terms, the project consists of strengthening the current markets and rapidly developing the Middle East, European
and Asian markets.

Priority investments will be made in the marketing and communication departments in order to modernize its image and
broaden the target audience.

The takeover involves keeping the company’s 70 current employees in France, 54 of which are on the production site in the
Dardilly workshops.

Alain Schimel, his son Laurent and the family are delighted that the brand, founded in 1965 and labelled as a Living Heritage
Company since 2010, will pursue its legacy, and that the know-how cultivated in the Lyon workshops by several generations
of craftsmen and women will be preserved thanks to the significant investments that are set out in the new shareholders’
investment plan.

Giuseppe Di Nuccio, 52 years old, will lead the new company. Mr. Di Nuccio brings with him 25 years’ experience in directorship
roles at luxury brands such as Jil Sander, Burberry and Giorgio Armani.

Anthony de Rauville, CIO of Negma Group, comments: “ZILLI is a high-value company with considerable human capital.
ZILLI is a strategic, long-term acquisition for Negma and we are happy to provide our human and capital resources, which are
essential to develop the ZILLI brand and bring it to centre stage”.

Guglielmo Ruggeri, Directeur General of FAI, declares: “We are very proud to be given the responsibility for ZILLI house.
We will be bringing in a very professional team, which will work hand-in-hand with the teams in place to create the platform that
is needed for sustainable growth and the creation of value over the long term.”