In addition, at the date of these financial statements, the compe- tent bodies of the European Union had not yet completed their en- dorsement process for the following accounting standards and amendments:

Document title issue date Effective date Approval date by EU by IASB of IASB document Standards IFRS 14 Regulatory January 2014 1 January 2016 Postponed pending the Deferral Accounts conclusion of the IASB project on rate-regulated activities . Amendments Sale or Contribution September 2014 Deferred until the Postponed pending of Assets between an completion of the the conclusion of Investor and its IASB project on IASB project on Associate or Joint the equity method the equity method Venture (Amendments to IFRS 10 and IAS 28) Classification of January 2020 1 January 2023 TBD Liabilities as Current July 2020 or Non-current (Amendments to IAS 1), including subsequent amendment issued in July 2020 Disclosure of Accounting February 2021 1 January 2023 TBD policies (Amendments to IAS 1 and IFRS Practice Statement 2) Definition of Accounting February 2021 1 January 2023 TBD Estimates (Amendments to IAS 8) Deferred tax related May 2021 1 January 2023 TBD to assets and liabilities arising from a single transaction (Amendments to IAS 12) Initial Application of December 2021 1 January 2023 TBD IFRS 17 and IFRS 9 Comparative Information (Amendment to IFRS 17)

The Group will comply with these new standards and amend- ments based on their relevant effective dates when endorsed by the European Union and it will evaluate their potential impacts on the Consolidated Financial Statements.

3. SCOPE FOR CONSOLIDATION

As at 31 December 2021 the Consolidated Financial Statements of the Moncler Group include the parent company Moncler S.p.A. and 47 consolidated subsidiaries, as detailed in the following table:

Investments Registered office Share capital Currency % of ownership Parent company (in associates for consolidation) Moncler S.p.A. Milan (Italy) 54,736,558 EUR Industries S.p.A. Milan (Italy) 15,000,000 EUR 100.00% Moncler S.p.A. Moncler Deutschland GmbH Munich (Germany) 700,000 EUR 100.00% Industries S.p.A. Moncler España S.L. Madrid (Spain) 50,000 EUR 100.00% Industries S.p.A. Moncler Asia Pacific Ltd Hong Kong (China) 300,000 HKD 100.00% Industries S.p.A. Moncler France S.à.r.l. Paris (France) 8,000,000 EUR 100.00% Industries S.p.A. Moncler USA Inc New York (USA) 1,000 USD 100.00% Industries S.p.A. Moncler UK Ltd London (United Kingdom) 2,000,000 GBP 100.00% Industries S.p.A. Moncler Japan Corporation (*) (**) Tokyo (Japan) 104,776,859 JPY 94.94% Industries S.p.A. Moncler Shanghai Commercial Co. Ltd Shanghai (China) 82,483,914 CNY 100.00% Industries S.p.A. Moncler Suisse SA Chiasso (Switzerland) 3,000,000 CHF 100.00% Industries S.p.A. Moncler Belgium S.p.r.l. Bruxelles (Belgium) 1,800,000 EUR 100.00% Industries S.p.A. Moncler Denmark ApS Copenhagen (Denmark) 2,465,000 DKK 100.00% Industries S.p.A. Moncler Holland B.V. Amsterdam (Holland) 18,000 EUR 100.00% Industries S.p.A. Moncler Hungary KFT Budapest (Hungary) 150,000,000 HUF 100.00% Industries S.p.A. Moncler Istanbul Giyim ve Istanbul (Turkey) 1,000,000 TRY 51.00% Industries S.p.A. Tekstil Ticaret Ltd. Sti. (*) Moncler Rus LLC Moscow 590,000,000 RUB 99.99% Industries S.p.A. (Russian Federation) 0.01% Moncler Suisse SA Moncler Brasil Comércio Sao Paulo (Brazil) 10,000,000 BRL 95.00% Industries S.p.A. de moda e acessòrios Ltda. 5.00% Moncler USA Inc Moncler Taiwan Limited Taipei (China) 10,000,000 TWD 100.00% Industries S.p.A. Moncler Canada Ltd Vancouver (Canada) 1,000 CAD 100.00% Industries S.p.A. Moncler Prague s.r.o. Prague (Czech Republic) 200,000 CZK 100.00% Industries S.p.A. White Tech Sp.zo.o. Katowice (Poland) 369,000 PLN 70.00% Industries S.p.A. Moncler Korea Inc. (*) Seoul (South Korea) 2,833,000,000 KRW 90.01% Industries S.p.A. Moncler Middle East FZ-LLC Dubai (United Arab Emirates) 3,050,000 AED 100.00% Industries S.p.A. Moncler Singapore PTE, Limited Singapore 5,000,000 SGD 100.00% Industries S.p.A. Industries Yield S.r.l. Bacau (Romania) 25,897,000 RON 99.00% Industries S.p.A. 1.00% Moncler Deutschland GmbH Moncler UAE LLC (*) Abu Dhabi 1,000,000 AED 49.00% Moncler Middle East FZ-LLC (United Arab Emirates) Moncler Ireland Limited Dublin (Ireland) 350,000 EUR 100.00% Industries S.p.A. Moncler Australia PTY LTD Melbourne (Australia) 2,500,000 AUD 100.00% Industries S.p.A. Moncler Kazakhstan LLP Almaty (Kazakhstan) 250,000,000 KZT 99.00% Industries S.p.A. 1.00% Moncler Rus LLC Moncler Sweden AB Stockholm (Sweden) 1,000,000 SEK 100.00% Industries S.p.A. Moncler Norway AS Oslo (Norway) 3,000,000 NOK 100.00% Industries S.p.A. Moncler Mexico, S. de R.L. de C.V. Mexico City (Mexico) 33,000,000 MXN 99.00% Industries S.p.A. 1.00% Moncler USA Inc Moncler Mexico Services, Mexico City (Mexico) 11,000,000 MXN 99.00% Industries S.p.A. S. de R.L. de C.V. 1.00% Moncler USA Inc Moncler Ukraine LLC Kiev (Ukraine) 47,367,417 UAH 99.99% Industries S.p.A. 0.01% Moncler Suisse SA Moncler New Zealand Limited Auckland (New Zealand) 2,000,000 NZD 100.00% Industries S.p.A. Sportswear Company S.p.A. Bologna (Italy) 10,084,166 EUR 100.00% Moncler S.p.A. Stone Island Retail S.r.l. Bologna (Italy) 99,000 EUR 100.00% Sportswear Company S.p.A. Stone Island Germany Gmbh Monaco (Germany) 500,000 EUR 100.00% Sportswear Company S.p.A. Stone Island Antwerp Bvba Antwerp (Belgium) 400,000 EUR 100.00% Sportswear Company S.p.A. Stone Island Amsterdam BV Amsterdam (Holland) 25,000 EUR 100.00% Sportswear Company S.p.A. Stone Island Usa Inc New York (USA) 2,500,000 USD 100.00% Sportswear Company S.p.A. Officina della Maglia S.r.l. Carpi (Italy) 10,000 EUR 100.00% Sportswear Company S.p.A. Stone Island Canada Inc Toronto (Canada) 500,000 CAD 100.00% Sportswear Company S.p.A. Stone Island Logistics Srl Bologna (Italy) 50,000 EUR 100.00% Sportswear Company S.p.A. Stone Island China Co. Ltd Shanghai (China) 2,500,000 EUR 100.00% Sportswear Company S.p.A. Stone Island France S.a.s. Saint Priest (France) 50,000 EUR 100.00% Sportswear Company S.p.A.

(*) Fully consolidated (without attribution of interest to third parties) (**) Share capital value and % of ownership take into consideration the treasury shares held by Moncler Japan Corporation.

CONSOLIDATED FINANCIAL STATEMENTS122 123CONSOLIDATED FINANCIAL STATEMENTS MONCLER GROUP

2021