Press release - Paris, December 1^st, 2021

Request to convene a shareholders' meeting

Following the decision of the board of directors of SMCP held on November 17 2021 not to examine, as things stand, GLAS' request to convene a shareholders' meeting¹, GLAS has requested before the Commercial Court of Paris, ruling in summary proceedings, the appointment of a mandataire to convene a shareholders' meeting of SMCP.

In an order issued on November 30, 2021, the Commercial Court granted GLAS' request and appointed a mandataire to convene a shareholders’ meeting of SMCP. SMCP will inform the market in the near future of the practical details of this shareholders’ meeting.

ABOUT SMCP

SMCP is a global leader in the accessible luxury market with four unique Parisian brands: Sandro, Maje, Claudie Pierlot and Fursac. Present in 43 countries, the Group comprises a network of over 1,600 stores globally and a strong digital presence in all its key markets. Evelyne Chetrite and Judith Milgrom founded Sandro and Maje in Paris, in 1984 and 1998 respectively, and continue to provide creative direction for the brands. Claudie Pierlot and Fursac were respectively acquired by SMCP in 2009 and 2019. SMCP is listed on the Euronext Paris regulated market (compartment A, ISIN Code FR0013214145, ticker: SMCP).

CONTACTS

1 See also the press releases of the Company published on 29 October 2021 and 17 November 2021.

Attachment

• Press Release - SMCP - Request to convene a shareholders' meeting