The 45-year-old actress presented the Gucci Award to film editor Thelma Schoonmaker, who was honored for her work on last year’s hit Hugo.
Earlier in the day, Salma and Francois-Henri took a water taxi around town with their adorable daughter Valentina.
Also pictured inside: Brit Marling at the award ceremony.
FYI: Salma is wearing a Missoni red zig-zag stripe dress.
10+ pictures inside of Salma Hayek during the 2012 Venice Film Festival… More Here! »