17/11/2023 - Italian Design Brands S.p.A.: L’ASSEMBLEA DI ITALIAN DESIGN BRANDS S.P.A. (IDB) APPROVA L’AUTORIZZAZIONE AL CONSIGLIO DI AMMINISTRAZIONE PER L’ACQUISTO E LA DISPOSIZIONE DI AZIONI PROPRIE

The Shareholders' Meeting of Italian Design Brands S.p.A., diversified industrial group among the Italian leaders in design, lighting and furniture ("IDB" or the "Company" and, together with its subsidiaries, the "Group") which met in an ordinary session in a single call yesterday, 16 November 2023, in Milan, Corso Magenta No. 61, at Palazzo delle Stelline, resolved with a favorable vote by the majority of the intervening shares on the sole item on the agenda, regarding "Authorization to the Board of Directors to purchase and dispose of treasury shares, pursuant to Articles 2357 and 2357-ter of the Civil Code. Related and consequent resolutions."