Notice to the Market – US Operation Executive Position Transition / Showroom and Store Openings

São Paulo, June 4th, 2019 AREZZO INDÚSTRIA E COMÉRCIO S.A. (“Company“) hereby notifies its shareholders and the market in general that Mr. Wayne Kulkin, Head of International Operations, will make the transition of his current position and will start, as of June 30, 2019, as a strategic and expansion consultant of the Company in the United States, supporting the internationalization of Arezzo&Co, focusing in the continuous growth and consequent profitability increase in the country.

Additionally, in line with the Company’s expansion strategy in the North-American retail channel, two Schutz owned stores were opened last week, the first one launched on May 24th, 2019, at the Westfield San Francisco Centre Mall, in San Francisco, and the other one on May 31st, 2019, at The Mall at Short Hills, in New Jersey. 

We also announce the opening, on this date, of a new Schutz and Alexandre Birman showroom in New York, located at 625 Madison Avenue, 3rd floor. Through the showroom, the Company aims to offer a better experience and service to its American and international clients, as well as the back-office departments’ expansion to guarantee the support for the continuous growth of the brands.

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