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

1. SUBJECT AND WARNING

The present Regulation (as defined below) defines the criteria to implement the Plan (as defined below) addressed to certain Company (as defined below) Employees (as defined below) and of other companies of the Group (as defined below). These Employees will be selected, in accordance with the Regulation, from those entrusted in the Company and in the Group with key offices that are strategic in achieving the Company’s targets to encourage these Employees to increase the value of the Company and the Group and, at the same time, to create a retention incentive.

The subject of the Plan is the granting of Units (as defined below) to the Beneficiaries (as defined below) on the Date of Grant (as defined below).

The Regulation was approved by the Company’s shareholders’ meeting held on May 13, 2008.

The Regulation shall not be considered a “public offer of financial products” as defined by Article 1(1) of Legislative Decree No. 58 of 24 February 1998, because it is addressed to a number of persons lower than that set forth by Article 33(1)(a) of Consob Regulation No. 11971 dated 14 May 1999, as modified and amended.

1. SUBJECT AND WARNING

The present Regulation (as defined below) defines the criteria to implement the Plan (as defined below) addressed to certain Company (as defined below) Employees (as defined below) and of other companies of the Group (as defined below). These Employees will be selected, in accordance with the Regulation, from those entrusted in the Company and in the Group with key offices that are strategic in achieving the Company’s targets to encourage these Employees to increase the value of the Company and the Group and, at the same time, to create a retention incentive.

The subject of the Plan is the granting of Units (as defined below) to the Beneficiaries (as defined below) on the Date of Grant (as defined below).

The Regulation was approved by the Company’s shareholders’ meeting held on May 13, 2008.

The Regulation shall not be considered a “public offer of financial products” as defined by Article 1(1) of Legislative Decree No. 58 of 24 February 1998, because it is addressed to a number of persons lower than that set forth by Article 33(1)(a) of Consob Regulation No. 11971 dated 14 May 1999, as modified and amended.

1. SUBJECT AND WARNING

        The present Regulation (as defined below) defines the criteria to implement the Plan (as defined below) addressed to certain Company (as defined below) Employees (as defined below) and of other companies of the Group (as defined below). These Employees will be selected, in accordance with the Regulation, from those entrusted in the Company and in the Group with key offices that are strategic in achieving the Company's targets to encourage these Employees to increase the value of the Company and the Group and, at the same time, to create a retention incentive.

        The subject of the Plan is the granting of Units (as defined below) to the Beneficiaries (as defined below) on the Date of Grant (as defined below).

        The Regulation was approved by the Company's shareholders' meeting held on May 13, 2008.

        The Regulation shall not be considered a "public offer of financial products" as defined by Article 1(1) of Legislative Decree No. 58 of 24 February 1998, because it is addressed to a number of persons lower than that set forth by Article 33(1)(a) of Consob Regulation No. 11971 dated 14 May 1999, as modified and amended.