Conversion of B shares into ordinary shares

YOOX NET-A-PORTER GROUP S.p.A. (MTA: YNAP), the world’s leading online luxury fashion retailer, hereby informs that today, following the exercise by Richemont Holdings (UK) Limited of the statutory right to convert B shares into ordinary shares in order to re-establish its shareholding to 25% of the outstanding voting share capital,  5,166 YNAP S.p.A. ordinary shares have been issued and allotted.

Therefore, Richemont’s shareholding now amounts to 23,187,386 ordinary shares and to 42,412,211 B shares.   As a result of the above, the new share capital of YNAP S.p.A. will amount to Euro 1,351,790.95, represented by 135,179,095 shares with no nominal value, of which 92,766,884 ordinary shares and 42,412,211 shares without voting rights (B shares).