EXOR INVESTS IN SHANG XIA PARTNERING WITH HERMÈS TO TAKE THE CHINESE LUXURY COMPANY TO THE NEXT STAGE OF ITS DEVELOPMENT

Amsterdam and Paris, 9 December 2020. Exor and Hermès International announce an agreement to take Shang Xia, one of the first Chinese luxury companies, to the next stage of its development.


Axel Dumas, Executive Chairman of Hermès said: “We are proud of how far Shang Xia has come in the last ten years, demonstrating our confidence in the brand’s unique model and original proposal."

EXOR partners with Save the Children and Fondazione Agnelli to support students in need and strengthen their study motivation

Following the experience this Summer, the activities of the Arcipelago Educativo project will be continued and further expanded in the coming months, facing the difficult context of the current school year with new learning labs, courses and other initiatives, both online and in presence: the project will support 1,700 students in 5 Italian cities with their studies, helping them catch up on learning loss and reducing the risk of them dropping out of school.

EXOR N.V. SHARE BUYBACK PROGRAM

EXOR N.V. (“the Company”) communicates its intention to restart and complete the share buyback program announced on 14 November 2018 (“the Program”).


The Program involved the repurchase of up to €300 million of ordinary shares, of which to date EXOR has acquired 4,878,332 ordinary shares for a total consideration of approximately €269 million, with the last purchase having been made on 9 August 2019.

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