Lanvin Group announced that it has entered into an agreement for private placement of 13,000,000 shares at a price of $10 per share for gross proceeds of $130,000,000 on March 22, 2022. The transaction will include participation from Golden Aaron Pte. Ltd, Aspex Master Fund, a fund managed by Aspex Management (HK) Limited, Baozun Hong Kong Investment Limited, Sky Venture Partners L.P. and returning investors, Fosun International Limited , ITOCHU Corporation and Stella International Holdings Limited.

The transaction is expected to close later this year. The company will issue shares pursuant to the exemption provided in Section 4(a)(2) thereof.