OFFICIAL STATEMENT

AC Milan is delighted to announce the appointment of Pier Donato Vercellone as the Club's new Chief Communications Officer as part of the continued investment into the success of the Club.

Vercellone, who starts on Monday 7^th September, brings almost 30 years of international communications experience, having served as PR Director for Nike Europe. He has also held senior marketing and communications roles with Italian telecommunications company Telecom Italia and the Municipality of Milan, where he was responsible for promoting the brand of the city of Milan across the globe. More recently, he has worked as the Marketing & Communications Director of Sisal Group, the first Italian company to operate in the gaming and betting industry.

Pier Donato will lead the communications team through an exciting time for the Club, which will see them move to a new stadium and continue their progress back to the elite of European football.

AC Milan CEO Ivan Gazidis said: "Pier Donato is a world-class operator in his field and we are very pleased to announce his appointment. With his international profile, he will help us grow the AC Milan brand further across the globe and his experience, network and leadership will play a vital role in delivering the ambitious vision that we have for the Club".

"AC Milan is an iconic and unique brand with a strong legacy and a bright future" - said Pier Donato Vercellone - "I am delighted to be here and to contribute to further strengthen the emotional bond that ties AC Milan to its fans and stakeholders".

"I want to thank Elliott's management, CEO Gazidis and President Scaroni for giving me the honour of being part of an elite management team" – continued Vercellone – "This will be an exciting challenge that I’m very proud to undertake because Milan is Forever".