Cucinelli, update on share buy-back

Cucinelli update on share buy back

(Tiper Stock Exchange) – Brunello Cucinelli reported that he has purchasedbetween 16 and 20 January 2023, overall 7,242 ordinary treasury sharescorresponding to 0.0107% of the 68,000,000 shares making up the share capital, at the average unit price of 69.3792 euros, for a counter value equal to 502,444.08 eurosfees excluded.

These purchases took place as part of the treasury share buyback program approved by the Shareholders’ Meeting on 27 April 2022, with launch approved by the Board of Directors on 9 January 2023.

As at 20 January, considering that the Company did not hold treasury shares at launch, Cucinelli holds 31,367 treasury shares in its portfolio, directly or through subsidiaries, equal to 0.0461% of the shares making up the share capital.

In the meantime, on the Milanese price list, the performance of Brunello Cucinelli with prices aligned at 73.4 euros, for a drop of 0.27%.