EssilorLuxottica acquires a stake in Top Charoen

EssilorLuxottica and Top Charoen announced that they have closed a transaction for EssilorLuxottica to become the partner of Top Charoen through the acquisition of a meaningful stake, cementing the long-standing relationship
between the two companies. Top Charoen is Thailand’s largest retail chain with over 2,000 stores across
all regions of the country.

Strategic hub Thailand

Thailand is a strategic hub for EssilorLuxottica’s global manufacturing and business operations. The
partnership with Top Charoen further strengthens EssilorLuxottica’s commitment to elevating vision care
across the region and worldwide, while bringing us closer to consumers to anticipate their future needs.

Top Charoen was founded in 1947 with the opening of its first store in Saraburi, and a mobile van to
make eye care accessible even to remote and rural areas. Today, Top Charoen operates under different
banners, including Top Charoen, Luxoptic, Eye Class, Eye Bright, Eye Sport, Big C Optical, Robinson
Optical, and Beautiful Optic. Top Charoen also runs an optical e-commerce business through its own
platform and certain local third-party marketplaces.

“Our partnership with Top Charoen will strengthen our existing presence in one of the most significant
countries in Asia, elevating vision care standards and advancing the development of the emerging
wearable category across the region. At the same time, we remain deeply committed to our customers,
meeting their demand for high-quality, innovative vision care products and services; together, as
partners, we will be uniquely positioned to drive awareness and actions to address Asia’s growing visual
health needs. Patients and consumers remain at the heart of our Group’s strategy as we continue to
expand access to advanced eyewear and eyecare worldwide,” commented Francesco Milleri, Chairman
and Chief Executive Officer, and Paul du Saillant, Deputy Chief Executive Officer at EssilorLuxottic