Sodali & Co Transactions

Publicity restrictions required by the United States securities laws 

The information contained in the section of the DUFRY AG (the "Company") website that you are attempting to access is not intended for, and must not be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident or physically present in the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the "United States"), Australia, Canada and Japan, or any jurisdiction where to do so might constitute a violation of the securities laws or regulations of such jurisdiction, and does not constitute an offer to sell or the solicitation of an offer to buy or acquire, any ordinary shares or other securities of the Company in the United States, Australia, Canada, Japan or any jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction. 

In connection with the MANDATORY PUBLIC EXCHANGE OFFER WITH ALTERNATIVE CASH CONSIDERATION LAUNCHED BY DUFRY AG ON ALL OF THE ORDINARY SHARES OF AUTOGRILL S.P.A., the shares of the Company (the "Shares") have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There is no intention to register any Shares referred to herein in the United States or to make a public offering of the Shares in the United States. 

The Shares have also not been and will also not be registered under the applicable securities laws of Canada, Australia or Japan and, subject to certain exemptions, may not be offered or sold in or into or for the account or benefit of any person having a registered address in, or located or resident in, Canada, Australia or Japan. There will be no public offer of the Shares in Canada, Australia or Japan. 

I therefore certify that:

1. I am resident and physically present outside the United States, Canada, Australia and Japan;
2. I am resident and physically present
1. in Italy or
2. outside the United States, Australia, Canada and Japan and, in that case, I am authorized to access the information and documents on this website without being subject to any legal restriction and without any further action required by the Company;
3. I have read, understand and agree to comply with all of the restrictions set forth above.