Prada S.p.A. announced the strategic appointment of Mr. Andrea Bonini as the Chief Financial Officer ("CFO") of the Company with effect from May 2, 2022. Mr. Andrea Bonini started his professional career in Milan-based M&A boutique Gallo & C. in 2005. Mr. Bonini joined the Investment Banking Division of Goldman Sachs International, based in London, where he held the position of Managing Director since 2015.

At Goldman Sachs, he was part of the Italy Coverage team until 2013 and subsequently joined the Consumer Retail Group, with responsibility for Luxury and Brands in Europe. Ms. Alessandra Cozzani has held the role of the CFO of the Company since February 19, 2016 and has decided to leave the Company from September 30, 2022 to embrace other professional opportunities. Ms. Alessandra Cozzani has held the role of the CFO of the Company since February 19, 2016 and has decided to leave the Company from September 30, 2022 to embrace other professional opportunities.

Ms. Cozzani will remain in her position as an Executive Director of the Company for some months.