Marcolin Group, one of the worldwide leading eyewear companies, and GUESS, a global lifestyle brand, announced today the early renewal of an exclusive license agreement for the design, manufacture and worldwide distribution of GUESS and Marciano sunglasses and eyeglasses.

The license agreement is extended until 2025, consolidating a partnership and a
synergy between the two Groups, which has lasted for over 25 years. GUESS is the
pillar brand in the diffusion segment for Marcolin Group, offering eyewear collections
which fully embody the core values of the brand, characterized by trendy modern
silhouettes. The wide range of sun and optical eyewear includes models for men and
women, as well as for children and teenagers.

Paul Marciano, Co-Founder of GUESS, Inc.

Giovanni Zoppas, Executive Vice Chairman of Marcolin Group said: “GUESS, one of the most iconic and distinctive lifestyle brands in the fashion industry, and Marcolin Group have always shared an attention for the product’s quality with an aim to keep up with times. We would like to thank Paul Marciano and his GUESS team for, once again, renewing their trust in Marcolin Group. We begin a new chapter of a collaboration that has distinguished itself for over 25 years of the two companies’ history. The license agreement renewal with GUESS reaffirms our solidity and represents another important step in the long-term development and growth plan of Marcolin Group.”

Paul Marciano, Co-Founder of GUESS?, Inc. said: “Throughout the past 25+ years,
Marcolin Group has always respected GUESS’ core values and honored the brand’s
importance on product quality and trends. Time and time again, they have proven
to be a great partner to GUESS and Marciano sunglasses and eyeglasses. We look
forward to future success and growth within the eyewear category as we continue
to collaborate globally.”