Dividend policy

The Luxottica Group has always pursued the creation of shareholder value, as testified by its history to distribute a steady portion of the Group's earnings in the form of dividends.

(1) 1 ADS = 1 ordinary share
(2) Figures until 1999 have been retroactively adjusted to reflect the 5-for-1 stock split effective April 16, 1998, and the 2-for-1 stock split effective June 26, 2000.
(3) Figures through 1999 have been calculated converting the dividend in Italian Lira by the fixed rate of Lire 1,936.27 = Euro 1.00. Beginning with the 2000 financial statements the dividend is declared in Euro.
(4) 2010 figures are in IAS/IFRS; before 2010, figures are in US GAAP