The contract for the purchase by Haworth of the 58.6% of the share capital of Poltrona Frau S.p.A. from the shareholders Charme Investments Ltd. and Moschini S.r.l. has been signed. The agreed price is €2.96 per share. The transaction is subject to the approval of the competent antitrust authorities. Following the completion of the transaction, a mandatory public tender offer on Poltrona Frau S.p.A.’s shares will take place at a price of €2.96 per share, equal to the price paid by the buyer to the sellers.