PUIG REVENUES EXCEEDED €1,500 MILLION IN 2014 AND ARE PREDICTED TO REACH €2,000 MILLION IN 2017

Barcelona, April 16, 2015 In 2014 Puig achieved Net Revenues of €1,508 million, representing growth of 4.2% (on a like-for-like basis excluding exchange rate fluctuations) and reported growth was 0.6%. Profit Before Tax was 16% of Net Revenues, similar to 2013. Net Income was up 0.8% to €177 million. GROWTH OF NET REVENUES AND NET INCOME (2013-2014) In millions of euros

2013 2014 FY14/FY13 Like-for-like growth Net Revenues

1,499 1,508 0.6% 4.2%

Profit Before Tax (PBT)*

248 245 -1.3%

Net Income

176 177 0.8%

* Excluding extraordinary expenses related to the 100th Anniversary, profit before tax would have been €265 million.

WORLDWIDE PRESENCE

2014 % of sales revenues generated outside Spain

86%

% of sales revenues from emerging markets*

46%

% of production in Spain**

67%

% of production in France**

31%

* Outside the EU and North America

** Production value in €. Mexico accounts for 2%

• Net Revenues for 2014 were €1,508 million and Net Income was €177 million

• Puig celebrated its centenary in 2014 beginning with the inauguration of Puig Tower and

continuing with a succession of events related to the company's history

• With the new Strategic Plan, Puig predicts to achieve 33% growth with revenues of €2,000 million by 2017

GEOGRAPHIC BREAKDOWN In 2014, 14% of revenues were generated in Spain, an increase of 6%, breaking the negative trend of the last few years, and 86% in the rest of the world. 46% of sales were in emerging markets, outside the EU and North America. At end 2014, Puig had 4,192 employees, more than 1,600 of whom worked in Spain. The company's three production facilities in Spain manufacture over 67% of Puig products sold around the world; its factory in Chartres, France, is responsible for 31%. Puig presently has subsidiaries in 22 countries and sells its products in more than 140 countries around the world. BUSINESS DEVELOPMENT The growth in sales of alcohol-based perfumes in 2014 was partly attributable to the launch of Valentino's Valentino Uomo, the continued success of Paco Rabanne's 1 Million and Invictus, two of the world's bestselling men's fragrances, and other Puig products launched recently, including Lady Million Eau My Gold!, also by Paco Rabanne, and 212 VIP Rosé by Carolina Herrera. Other brands such as Antonio Banderas (King of Seduction) and Shakira (Rock! by Shakira) enabled Puig to maintain an outstanding position in the masstige fragrance category in both the Spanish and international markets. In the fragrance sector, Puig was also in the news in 2014 and early 2015 for its action against imitation brands, in particular for winning the lawsuits brought against Equivalenza and Saphir. In late September, Puig sold the cosmetics company Payot, in order to concentrate on its fashion and fragrance businesses. On the fashion front, the latest creations of Carolina Herrera New York, a regular participant in New York Fashion Week, have been worn by a number of actresses and celebrities such as Dita Von Teese, Taylor Swift and Amy Adams. The brand continues to expand internationally with its lifestyle line, CH Carolina Herrera, opening 18 stores/corners in 11 countries. CH Carolina Herrera now has 147 stores and 204 corners distributed around the world. In late summer, Puig acquired from LVMH a 25% interest in Sociedad Textil Lonia, the company that controls Purificación García and the CH Carolina Herrera license. Nina Ricci's new Creative Director, Guillaume Henry, recently had his debut show during Paris Fashion Week. Actresses who wore the label's creations in 2014 included Laetitia Casta, Olivia Palermo and Jessica Chastain. Paco Rabanne's Artistic Director, Julien Dossena, continues to strengthen the brand's position on the world fashion scene with his radical, innovative interpretation of the Paco Rabanne style. Jean Paul Gaultier has focused his operations on haute couture and his collections continue to amaze. The touring exhibition retracing the designer's career, From the Street to the Stars, organized by the Jean Paul Gaultier company, finishes up at the Grand Palais in Paris in 2015, having toured cities such as Montreal, Dallas, San Francisco, Madrid, Rotterdam, Stockholm, New York and London.

2014, THE 100TH ANNIVERSARY YEAR OF PUIG 2014 was marked by the company's 100th Anniversary celebrations. The official inauguration of Puig Tower, attended by King Felipe VI and Queen Letizia of Spain (then Prince and Princess of Asturias) and the President of the Generalitat de Catalunya was held on April 7 last year. The inauguration was followed by a succession of events to mark the centenary, including one at the Palau de la Música in Barcelona, a gala dinner at the Barcelona Reales Atarazanas and the closing ceremony at the Recinte Modernista del Hospital de Sant Pau Art on October 22, in the presence of business partners and distinguished national and international figures who have been linked with the company throughout the past century. From Barcelona to Paris, by way of Dubai, Lima, Singapore and Moscow, in every Puig subsidiary, employees celebrated the company's 100th Anniversary. A book and film commemorating the Puig story were launched for the occasion1. In July, also to mark its 100th Anniversary, alongside the VII Edition of the Puig Vela Clàssica Barcelona Regatta, Puig organized the 12M World Championship making the Mediterranean the capital of classic sailing throughout the month of July. OUTLOOK Puig predicts to achieve Net Revenues of €2,000 million in 2017, which would mean an increase of 33% compared to 2014. Puig and BPI (Shiseido subsidiary) recently agreed to bring forward the termination of the Jean Paul Gaultier Perfume License to January 1, 2016 and the acquisition by Puig of the intellectual property rights on Jean Paul Gaultier fragrances and other related assets. Jean Paul Gaultier fragrances are distributed in more than 110 countries, with Le Mâle and Classique ranking top in several European countries. Jean Paul Gaultier fragrance business will represent 10% of the company's total revenues and is one of the main levers for achieving the desired growth targets. At the beginning of this year, Puig acquired Penhaligon's London and L'Artisan Parfumeur Paris, two of the most prestigious brands in the perfumery universe, demonstrating the company's commitment to developing the growing luxury fragrances category. This year it expects to see moderate single-digit growth, slightly higher than the market, as a result of the launch of fragrances such as L'Extase (Nina Ricci) and Olympéa (Paco Rabanne). The initial investment required to successfully incorporate Jean Paul Gaultier is predicted to have a negative impact on profitability. This will also have a negative effect in 2016, a year of transition and the first year with the brand in its portfolio. By 2017 the company expects to achieve profitability ratios closer to current levels. In terms of geographical development, Puig estimates that approximately 50% of sales will be in emerging markets by 2017. The incorporation of Jean Paul Gaultier as well as Penhaligon's and

1The video may be viewed on the Puig YouTube channel and on the company's website (www.puig.com)

L'Artisan Parfumeur will strengthen the presence of the company in mature markets while the organic growth of the rest of the portfolio (including fragrances in the masstige segment) will help to consolidate its position in emerging markets. Puig is also committed to the environment via a sustainability plan focused on four areas of performance: product design, sustainable supply, responsible logistics and environmentally aware employees and production facilities. The plan sets out concrete objectives to be achieved in each area by 2020. On the social front, Puig, through its Foundation, is launching a social action program called “Invisible Beauty”, which aims to foster personal growth in young people by supporting projects that have a major social impact and that help to improve their social environment and offer solutions to social problems. To this end, Puig has signed a multi-year agreement with Ashoka, a global, independent, non-profit organization leading the drive for innovation and social enterprise by building a society of changemakers, which will begin operations this year. The company's goal for 2020, in line with these recent developments, is to be number three in the fragrance sector, developing all segments, and in the near future, lay the foundations for becoming a luxury goods company with owned brands.