Giglio S p A : 01/12/20 - CORPORATE DISCLOSURE

CORPORATE DISCLOSURE

Milan, 01 December 2020 - Giglio Group S.p.A. (e-commerce company listed on the MTA-STAR market, Ticker GG.MI) announces that, today, the Board of Directors of the Company, following the notification of Mr Alessandro Giglio, took note of the precautionary decree with which the President of the relevant section of the Court of Appeal of Genoa suspended the disqualification ordered against him with Consob resolution no. 21584 of 12 November 2020. Consequently, Mr Alessandro Giglio shall resume his office as director and Chairman of the Company with full legal effect, noting that he had abstained from performing his duties on a prudential basis.

Information on Giglio Group:

Founded by Alessandro Giglio in 2003 and listed on the STAR segment of Borsa Italiana ever since 2018, Giglio Group is the leading company for the design, creation and management of high value-added e-commerce platforms in Italy for Fashion, Design, Lifestyle and, more recently, Food and Healthcare sectors. The Company is based in Milan, but it is also present with offices in New York, Shanghai, Hong Kong, Rome, Lugano and Genoa. Thanks to its remarkable expertise, Giglio Group accompanies its customers in the online distribution of their products through a unique platform, starting from the implementation of fully tailor-made and managed monobrand e-store. Moreover, the Company integrates its business with the dedicated placement on main marketplaces worldwide, ensuring the online management of both new collections and inventories stock. The uniqueness of a "complete-supply-chain" online service thus ensures a 100% sell-through rate.

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