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RATTI GROUP | SUSTAINABILITY REPORT 2021

Figure 3 - The corporate structure of the Ratti Group

RATTI S.P.A.

RATTI INTERNATIONAL
SECOND LIFE FIBERS S.R.L. CREOMODA S.A.R.L. RATTI USA INC. S.C. TEXTROM S.R.L.
ITALY TUNISIA USA TRADING (SHANGHAI) CO. ROMANIA
(100%) (76%) (100%) LTD - CINA (100%)
(100%)

LA MAISON DES MARIELLE S.R.L.
ACCESSOIRES S.A.R.L. ITALY
TUNISIA (30%)
(90%)
FOTO AZZURRA S.R.L.
ITALY
(20%)

includes: Area Collezioni and Area Fast Fashion Foto Azzurra Srl (Italy). Ratti SpA holds 100% of
united in a single area of activity (Area Rainbow); the shares of Ratti USA Inc., Ratti International
the hiving off from Area Collezione of Business Trading (Shanghai) Co. Ltd and Textrom Srl.
Ties’ sales activities to Area R Art; the redefining Creomoda Sarl, which is 76% controlled by
of the management responsibilities of some Ratti, has a 90% stake in Società La Maison
business areas within Area Lusso and Area des Accessoires Sarl, which was established
Collezione (see Figure 2). in March 2019 for the hemming, sewing and
assemblage of fabrics and other textile articles.
Corporate structure The parent company Ratti SpA holds 30% of
The Ratti Group consists of the parent company the share capital of Marielle Srl and, in March
Ratti SpA (Italy), the subsidiaries Textrom Srl 2020, Ratti SpA founded Second Life Fibers
(Romania), Creomoda Sarl (Tunisia), La Maison Srl, a company it owns 100%. On 30 June 2021
des Accessoires Sarl (Tunisia), Ratti International (legally effective 9 July 2021) Ratti SpA, acting
Trading (Shanghai) Co Ltd (China), Ratti USA Inc. together with its historical competitor Mantero
(United States), Second Life Fibers Srl (Italy) and Seta, finalised the entry of both companies into
equity investments in Marielle Srl (Italy) and in the share capital of Foto Azzurra Srl, with each
company taking a 20% stake.

OVERALL, AT 31 DECEMBER 2021, The objective of the operation was to safeguard
THE GROUP HAD 711 EMPLOYEES IN ITS the sector, protecting and enhancing its
VARIOUS OFFICES AND SUBSIDIARIES. historical legacy of craftsmanship. In October
2021, Ratti concluded an investment agreement

Ratti and Mantero: creating a system to defend the industry

Ratti and Mantero formed an alliance aimed at Ratti and Mentero, boasts deep roots in the Como
defending the supply chain in practice. textile district, along with an historical legacy of
After the pact agreed in March 2020 in order to craftsmanship that deserves to be safeguarded and
respond to the pandemic, Mantero and Ratti renewed enhanced. Taking a stake in Foto Azzurra confirms
their desire to present a united front. how important it is, in key moments such as these,
To this end, the two companies decided to enter the to involve the entire supply chain, creating new
share capital of Foto Azzurra, a company which had, possibilities for everyone to make a fresh start and
since 1989, been producing supports (composition, continuing to guarantee quick service and maximum
photocomposition and photoengraving) for silk- quality, even when the prevailing conditions seem to
screen printing applied to fabrics. Foto Azzurra, like run counter to this.

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