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FGX International Hires César Melo as Chief Executive Officer

  FGX International Hires César Melo as Chief Executive Officer

Business Wire

SMITHFIELD, R.I. -- March 5, 2013

FGX International, a leading eyewear designer and marketer and wholly-owned
subsidiary of Essilor, announced today that it has hired César Melo as Chief
Executive Officer, effective March 4, 2013. Mr. Melo arrives at FGX
International after a 23-year career at Colgate-Palmolive, one of the world’s
leading consumer products companies. Mr. Melo has lived and worked in the
United States, Central and South America, Asia, Europe and Russia in roles of
increasing responsibility in general management and marketing with
Colgate-Palmolive.Mr. Melo’s final position with Colgate was Vice President –
Marketing, based in Geneva, Switzerland.

FGX International Announces New CEO, Cesar Melo (Photo: Business Wire)

FGX International Announces New CEO, Cesar Melo (Photo: Business Wire)

“César is an outstanding leader and brings a wealth of knowledge to FGX from
the consumer packaged goods industry,” said current FGX International CEO Alec
Taylor, who is retiring after seven and a half years at FGX. “César adds a
true international perspective to our business that should help us
significantly increase our global presence.”

“I am thrilled to become part of the executive team at FGX, building on Alec’s
outstanding contributions,” Mr. Melo said. “Their market leadership in
non-prescription sunglasses and over-the-counter reading glasses will serve as
a strong base as we innovate in these categories with exciting new products
and further expand our business globally.”

Mr. Melo is married with four children.

About FGX International

FGX International Inc. is a leading designer and marketer of non-prescription
reading glasses and sunglasses with a portfolio of established, highly
recognized eyewear brands including Foster Grant®, Sight Station™,
Magnivision®, Gargoyles®, Anarchy®, Corinne McCormack®, SolarShield® and
PolarEyes®. FGXI also holds licenses for brands such as Ironman®, Body Glove®,
Disney®, Field & Stream™, Dockers®, Reebok®, Nine West®, NASCAR®, and Panama
Jack®. Based in Smithfield, Rhode Island, FGXI has approximately 500 full time
employees. Additional offices are located in New York City; Ormond Beach, FL;
San Luis Obispo, CA; Toronto; Milan; Stoke-on-Trent, England; Mexico City; and
Shenzhen, China.

About Essilor

The world’s leading ophthalmic optics company, Essilor designs, manufactures
and markets a wide range of lenses to improve and protect eyesight. Its
corporate mission is to enable everyone around the world to access lenses that
meet his or her unique vision requirements. To support this mission, the
Company allocates around €150 million to research and development every year,
in a commitment to continuously bring new, more effective products to market.
Essilor’s flagship brands are Varilux®, Crizal®, Definity®, Xperio®, Optifog™
and Foster Grant®. It also develops and markets equipment, instruments and
services for eyecare professionals. Essilor reported consolidated revenue of
€4.9 billion in 2012 and employs around 48,700 people in some 100 countries.
It operates 19 plants, a total of 390 prescription laboratories and edging
facilities, as well as several research and development centers around the
world.

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Contact:

For FGXInternational
Sal Siano, 401-719-2160
ssiano@fgxi.com
or
For Duffy &Shanley
Shawna Hassett, 401-274-0001
shassett@duffyshanley.com