Presentations

Presentations

30/07/2015

WDFG SpA – H1 Financial Results

14/05/2015

WDF SpA – Q1 2015 Results Presentation

11/03/2015

WDF SpA – Q4 & FY 2014 Financial Results

15/01/2015

WDF SpA – Budget 2015-2017: Generating Cash from Solid Foundations

14/11/2014

WDF SpA – Q3 2014 Results presentation

02/10/2014

WDF SpA – Update on Organisation and Management Plans

01/08/2014

WDF SpA – 1H 2014 Results presentation

14/05/2014

WDF SpA – Q1 2014 Results presentation

10/03/2014

WDF SpA – Q4 & FY 2013 Results presentation

12/11/2013

WDF SpA – Q3 2013 Results presentation

10/09/2013

Autogrill Group travel retail & duty free Investor Day

Disclaimer to the investors presentation after consob's authorization

This presentation is for information purposes only and does not constitute an offer of securities in Italy, the United States or any other jurisdiction.

The shares of World Duty Free S.p.A. (the “Securities”) may not be offered or sold in the United States unless such securities are registered with the U.S. Securities and Exchange Commission or the offer and sale are exempt from or not subject to the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and the rules and regulations thereunder.

World Duty Free S.p.A. (“WDF”) does not intend to register the Securities for offer and sale in the United States or to conduct a public offering of their securities in the United States.

This presentation is not for general dissemination or publication in the United States, Australia, Japan, Canada or any other country in which the offer or sale of the Securities, and any communications regarding the Securities, are not permitted without specific authorization from the relevant authorities. Furthermore, this presentation may not be viewed by any persons within the United States or by any “U.S. person”, as that term is defined in Regulation S under the Securities Act. The distribution of this presentation in other countries may be subject to legal restrictions and persons into whose possession this presentation comes should inform themselves about, and observe, any such restrictions. By attending this presentation or by reading the presentation slides you warrant and acknowledge that you are a non-U.S. person that is outside the United States.

No representation or warranty, express or implied, is or will be made in relation to, and no

responsibility is or will be accepted by WDF as to, the accuracy or completeness of the information contained in this presentation. No part of this presentation constitutes, or shall be taken to constitute, an invitation or inducement to invest in WDF in any jurisdiction in which registration or qualification of such securities is required under applicable law.

This Presentation contains various forward-looking statements that reflect the management’s current views, beliefs, intentions or expectations with respect to future events and financial and operational performance of the Business. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “plan,” “continue,” “should” “would,” and similar expressions. The forward-looking statements in this presentation are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the management believes that these assumptions were reasonable when made, these forward-looking statements involve known and unknown risks, uncertainties, contingencies and other important factors, which are difficult or impossible to predict and in some cases beyond the management’s control and may cause actual results or performance of the Business or the industry to differ materially from those results or performance expressed or implied from such forward-looking statements.