Lanvin Group (Primavera Capital Acquisition) ^{Priced, NYSE: LANV}

We are a newly incorporated blank check company. While we may pursue a business combination target in any business or industry, we intend to focus on global consumer companies with a significant China presence or a compelling China potential. We believe the economic and market dislocation resulting from the COVID-19 global pandemic has significantly broadened our opportunity set by putting additional pressure on many consumer businesses, which were already facing challenges prior to the pandemic. We further believe that as China becomes one of the first major economies to return to growth since the onset of the pandemic, consumer brands that can disproportionately benefit from strong brand equity and favorable consumption trends in China will emerge as long-term global winners in their addressable markets. We believe our management team and our directors have the relevant skills and experience to identify consumer companies that can best capture the current market opportunities. Primavera Capital Group (“Primavera”), which is our affiliate, is a leading China-based alternative investment management firm. We believe Primavera’s stellar track record in the global consumer sector, together with its extensive network of important business contacts and relationships, give us a significant advantage to identify the best investment opportunities and deliver stellar returns in our target sectors.