50 years of excellence

Overview of Luxottica Group

3

1Group

62,000People

>7 mnOneSight patients

11Plants

45Brands

130Countries

>60 mnCustomers

>6,300Stores

>55 mnManufactured

frames

Luxottica Group overview

4

Key financial figures – FY 2010

(1) As of March 31, 2011

€5.8 bnGroup sales

€2.2 bnWholesale sales

€3.6 bnRetail sales

€402 mnNet income

€712 mnOperating income

€10.8 bnMarket

capitalization(1)

5

1961

1971

2001

2009

2007

1995

1999

1998

2004

2006

Today

Launch of 1st collection of prescription eyewear

Entrance in wholesale distribution

Acquisition of Vogue

Acquisition of Persol Entry into optical retail: LensCrafters

Acquisition of Ray-Ban

Entry into sun retail: Sunglass Hut

OPSM

Strengthening retail in North America: Cole National

Acquisition of Oakley

Starting retail expansion in China

First step into retail in Latin America

Starting licensing agreements with the fashion industry

Producer of frames components

1974

Entering the MVC business in US: EyeMed

2003

1990

A first-class brand portfolio

Developing a vertically integrated

business model

Listing on NYSE

Listing on Borsa Italiana2000

50 years of excellence

6

A focused and efficient organization,

ready to take advantage

of further growth opportunities

Luxottica Group

What Luxottica stands for

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Entrepreneurship & Growth

“We see opportunities that others don’t and understand the value of taking risks. We trust our instincts and listen to our intuition so that

we will continue to lead the industry.”

Milestones 1990 US listing 1995 LensCrafters 1999 Ray-Ban 2001 Sunglass Hut 2003 OPSM 2007 Oakley … what’s next?

Growth is in our DNA

Leonardo Del Vecchio

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Brands

Brands are our assets. We have created the best portfolio of house and licensed brandsto reach a diversified audience: from lifestyle to sport to luxury,

across price points, businesses & regions.

Over 60,000,000 customers served each year

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Vertical integration

One of the competitive advantages underpinningour past and future successes is our vertically integrated business model,

which is unique in the eyewear industry.

Customer

design

prototypes

manufacturing

logistic

distribution

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Innovation

Creativity and innovation are the foundations of our success and the way we work.We love what we do and believe we make a difference in people’s lives.

www.ray-ban.com 32 million visitors 15 million viewed

virals 1.8 million Facebook

fans

Over 600 patents and 1,000 trademarks

HDO technology 1,500 athletes loyal to

the brand The first 3D lenses ever

made with high-wrap curvature

Unique proposition Structured assortment

management Fast replenishment

Registered patent 5% of the mix Keep on re-inventing:

Light Ray collection in sun and optical

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Execution

Ability to quickly and successfully integrate acquisitions Over 30 since the beginning Oakley was the latest milestone

Our track record

We believe in simplicity.We focus on priorities so that we can quickly deliver results and drive changes.

What we have built sustains us into the future.

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62,000 “Luxotticans”

14%In emerging

countries

56%Generation Y

35Languages

… here we are

Operations

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First-class manufacturing capabilities

Lenses

Los Angeles

Lauriano

Plastic

Los Angeles

Pederobba

Metal

Agordo & Rovereto

Tristar

Acetate

Sedico

Tristar

Greater flexibility to quickly adjust and shift production as needed

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The plants

Luxottica’s main manufacturing plant, Agordo (Italy)

Luxottica Chinese plants, Dongguan

Oakley Headquarters and main manufacturing facility, Foothill Ranch (California)

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17

Global DCs network

Luxottica has one of the most efficient and advanced logistics system in the industry, with 18 distribution centers worldwide

There are 3 main distribution centers (hubs) in strategic locations serving the major markets: Sedico in Europe, Atlanta in the Americas and Dongguan in the Asia-Pacific region

AtlantaAtlantaColumbusColumbus

Foothill RanchFoothill Ranch

SedicoSedico

DongguanDongguanDallas

TorontoWinnipeg

Mexico

Rio de Janeiro

Singapore

Turkey

India

Sidney

Japan

Hong Kong

Cincinnati

Wholesale

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House brands

License brands

The best brand portfolio in the industry

(1) Starting from 2012

(1)

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The authentic global Icon

Since 1937 Ray-Ban is the most successful eyewear brand in the world, worn by movie stars, musicians, athletes, rebels and mavericks

Timeless, original, authentic, free, American, iconoclastic cool and courageous: Ray-Ban is the unsurpassed leader in eyewear market, an indispensable part of modern culture

Seven decades of design, technology and innovation, combining cool style and exceptional quality both in frame and lens to deliver legendary sunglasses and optical frames

The Aviator, born in 1937, and the Wayfarer, launched in 1952 are today inimitable icons still setting trends

The recent launch of Ray Ban Tech with Carbon Fiver collection opened a new fronteer offering high tech confort in very day life

Ray-Ban: the most successful eyewear brand

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Oakley: global, iconic, unique, authentic

#1 sport and performance eyewear brand in the world

Established in 1975 and headquartered in Southern California, Oakley is one of the leading sports brands in the world

Oakley’s Superior High Definition Optics® meet the toughest demands of world-class athletes, military, law enforcement and active consumers

The holder of more than 600 patents, Oakley captures a unique blend of technology, design and art in its sunglasses, goggles, prescription eyewear, apparel, footwear and accessories

Oakley has both men’s and women’s product lines that target Sports Performance, Active and Lifestyle consumers

Product distribution is global and spans wholesale to retail, and optical to sport

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130 countries, 5 continents

Leadership in key markets: approx. 40 direct subsidiaries representing over 90% of sales

Reaching approx. 200,000 doors

Leveraging on a very strong brand portfolio Plenty of potential for additional growth from

exiting and new brands A different distribution strategy by brand

Plenty of new opportunities Emerging markets New channels opportunities: department

stores, travel retail

Service is a key differentiator

A global coverage... ...with a selective distribution

N. doors

100,000-140,000

60,000-100,000

15,000-25,000

Lifestyle

Fashion

Premium Fashion

Luxury8,000-12,000

Brand positioning

Wholesale distribution

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A sophisticated distribution approach

Structured assortment management and continuousreplenishment to reduce inventory levels

Dedicated sales teams in North America, Japan, Europe and the Middle East

Worldwide channel management approach with a dedicated corporate team

Central and local key accounts-dedicated teams

Traditional sales organization by brand

Dept. stores

Travel retail

Chains and buying groups

Trend-setting independents

Mainstream independents

Trend-setting independents Centrally-managed relationship

Retail

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Retail network

Over 6,300 stores worldwide

Leading premium optical retailer in: North America Asia-Pacific Greater China

Leading specialty premium sun retailer worldwide Leading operator of leased optical departments in host stores in North America Manage of vision care in US A strong and diversified retail brand portfolio:

Global leader in optical and sun retail

Optical

Sun

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LensCrafters

27

Sunglass Hut

Financial results

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NE

T S

AL

ES

2006-2010 financial performance (millions of Euro)

16.8%

14.1%

11.2%

12.6%

2010

NE

T S

AL

ES

BR

EA

KD

OW

N

4,6764,966

5,202 5,094

5,798

0

1,000

2,000

3,000

4,000

5,000

6,000

2006 2007 2008 2009 2010

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Net income (millions of Euro)

429

490

390

299

402

0

100

200

300

400

500

600

2006 2007 2008 2009 2010

Luxottica Group Foundation

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A Luxottica foundation, OneSight’s mission is to restore and preserve clear vision for the 314 million adults and children worldwide who cannot afford or do not have access to primary vision care.

Our vision is a world where primary eye care is a reality for everyone. Through OneSight, we donate our expertise in eye care and eyewear to give back to those in need. We’ve helped more than 7.5 million people since 1988.

OneSight foundation

2010 Results

Global Eye Care: 15 Global Clinics to 11 different countries 149,412 people helped

Regional Eye Care: 34 Regional and Vision Van Clinics across North

America, China and Australia 26,335 people helped

Community Eye Care: 164,908 helped through in-store and community

outreach programs across North America and Asia-Pacific

Preventative Eye Care: The OneSight Research Foundation awarded

US$250,000 to each of eight organizations that support diabetic retinopathy research

20 optometry students received scholarships from the OneSight Research Foundation totaling $40,000

OneSight Clinic volunteers were able to help a 74-year old woman who did not have glasses. She was blind in one eye and incredibly far-sighted in the other. The team found a perfect prescription match which allowed her to see clearly for the first time in 5 years.

Thailand Global Clinic, 2010