Luxottica Group, S.p.A. (LUX)

GRANT OF ASSIGNMENTS TO AUDITING COMPANIES

        US regulations provide that either the Audit Committee or an equivalent body under country specific rules must approve the services of external auditors.

        The Internal Control Committee and the Board of Statutory Auditors are currently determining the procedure which will apply to the grant of assignments to external auditors. The procedures will be put in place as soon as possible and will be in line with Italian and US regulations, without prejudice to the independence of the external auditors.

        Luxottica's auditors are the main auditors for the entire Group.

        The grant of auditing and accounting assignments to the Group's external auditors is permitted.

        The grant of assignments to external auditors in respect of non-auditing services must be approved in advance by the Board having taken into account the views of the Internal Control Committee and of the Board of Statutory Auditors.

V.    INVESTOR RELATIONS

        An investor relations team, reporting directly to the Chief Executive Officer, is dedicated to relations with the national and international financial community, investors and financial analysts, the media and the market.

        The relevant documents concerning corporate governance can be found at www.luxottica.com, and may also be requested via e-mail.

        Information concerning periodical reports and any significant events/transactions is promptly circulated to the public as well as being published on www.luxottica.com.

May 2005

9

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GRANT OF ASSIGNMENTS TO AUDITING COMPANIES

        US regulations provide that either the Audit Committee or an equivalent body under country specific rules must approve the services of external auditors.

        The Internal Control Committee and the Board of Statutory Auditors are currently determining the procedure which will apply to the grant of assignments to external auditors. The procedures will be put in place as soon as possible and will be in line with Italian and US regulations, without prejudice to the independence of the external auditors.

        Luxottica's auditors are the main auditors for the entire Group.

        The grant of auditing and accounting assignments to the Group's external auditors is permitted.

        The grant of assignments to external auditors in respect of non-auditing services must be approved in advance by the Board having taken into account the views of the Internal Control Committee and of the Board of Statutory Auditors.

V.    INVESTOR RELATIONS

        An investor relations team, reporting directly to the Chief Executive Officer, is dedicated to relations with the national and international financial community, investors and financial analysts, the media and the market.

        The relevant documents concerning corporate governance can be found at www.luxottica.com, and may also be requested via e-mail.

        Information concerning periodical reports and any significant events/transactions is promptly circulated to the public as well as being published on www.luxottica.com.

May 2005

9

QuickLinks