PRESS RELEASE

PIAGGIO GROUP, EXTRAORDINARY SHAREHOLDERS' MEETING:

AMENDMENTS APPROVED TO ARTICLES OF ASSOCIATION

Milan, 28 June 2019 - The Extraordinary Shareholders' Meeting of Piaggio & C. S.p.A. (PIA.MI) held today and chaired by Roberto Colaninno examined and approved the amendments to articles 5, 7, 8, 12 and 27 of the Articles of Association.

It will be possible to view the company's new Articles of Association as amended by the Shareholders on the company website www.piaggiogroup.comwithin the terms required by law.

Further details may be found in the report drawn up by the Board of Directors, which is available at the company's registered office [Viale Rinaldo Piaggio 25, Pontedera (Pisa)], on the authorised storage mechanism "eMarket STORAGE" on the website www.emarketstorage.com, and on the company website www.piaggiogroup.com/it/governance/assemblea.

For further information:

Piaggio Group Corporate Press Office Director Diego Rancati

Via Broletto, 13 - 20121 Milan - Italy +39 02.319612.19/.76 diego.rancati@piaggio.com giulia.amendola@piaggio.com

Image Building

Via Privata Maria Teresa, 11 - 20123 Milan - Italy +39 02 89011300 piaggio@imagebuilding.it

Piaggio Group Investor Relations

Viale Rinaldo Piaggio, 25

56025 Pontedera (PI) - Italy +39.0587.272286 investorrelations@piaggio.com

Corporate Affairs

Viale Rinaldo Piaggio, 25

56025 Pontedera (PI) - Italy +39.0587.276294 corporate.governance@piaggio.com

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Piaggio & C. S.p.A. published this content on 28 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2019 10:20:01 UTC