(Euro/000) Type of relationship Note 31 December % 31 December % 2021 2020 Yagi Tsusho Ltd Trade payables a (13,609) 3.9% (15,677) 7.4% Yagi Tsusho Ltd Trade receivables b 12,078 5.2% 10,392 6.0% La Rotonda S.r.l. Trade receivables b 7 0.0% 813 0.5% La Rotonda S.r.l. Trade payables a (37) 0.0% (37) 0.0% Fabrizio Ruffini Trade payables a 126 0.0% (137) 0.1% Directors, board of statutory Other current c (5,161) 4.1% (589) 0.7% auditors and executives with liabilities strategic responsibilities Total (6,596) (5,235)

a effect in % based on trade payables b effect in % based on trade receivables c effect in % based on other current liabilities

The following tables summarise the weight of related-party trans- actions on the Consolidated Financial Statements as at and for the years ended 31 December 2021 and 2020:

(Euro/000) 31 December 2021 Revenue Cost of sales Selling expenses General and administrative expenses Total related parties 1,391 (10,640) (2,404) (17,926) Total consolidated 2,046,103 (479,197) (608,495) (237,109) financial statements Weight % 0.1% 2.2% 0.4% 7.6%

(Euro/000) 31 December 2020 Trade receivables Trade Payables Other current liabilities Total related parties 12,085 (13,520) (5,161) Total consolidated 234,274 (348,953) (125,279) financial statements Weight % 5.2% 3.9% 4.1%

(Euro/000) 31 December 2020 Revenue Cost of sales Selling expenses General and administrative expenses Total related parties 1,198 (11,849) (1,857) (14,021) Total consolidated 1,440,409 (350,775) (463,583) (173,444) financial statements Weight % 0.1% 3.4% 0.4% 8.1%

(Euro/000) 31 December 2020 Trade receivables Trade Payables Other current liabilities Total related parties 11,205 (15,851) (589) Total consolidated 174,144 (211,903) (84,010) financial statements Weight % 6.4% 7.5% 0.7%

10.2 STOCK-BASED COMPENSATION PLANS

The Consolidated Financial Statements at 31 December 2021 refl ects the values of the Performance Share Plans approved in 2018 and in 2020.

The costs related to stock-based compensation plans in 2021 are equal to EUR 28.6 million compared to EUR 31.0 million in 2020.

On 16 April 2018 the Shareholders Meeting of Moncler ap- proved the adoption of a Stock Grant Plan entitled 2018-2020 Performance Shares Plan ( 2018 Plan ) addressed to Executive Directors and/or Key Managers, and/or employees, and/or collab- orators, and/or external consultants of Moncler S.p.A. and of its subsidiaries, which have strategically relevant roles or are other- wise capable of making a significant contribution, with a view of pursuing the Group s strategic objectives.

The object of the Plan is the free granting of the Moncler shares in case certain performance targets are achieved at the end of the vesting period of 3 years.

The performance targets are expressed base on the earning per share index ( EPS ) of the Group in the vesting period, adjust- ed by the conditions of over/under performance.

The proposed maximum number of shares serving the Plan is equal to n. 2,800,000 resulting from the allocation of treasury shares.

The Plan provides for a maximum of 3 cycles of attribution; the first attribution cycle, approved during 2018, ended with the as- signment of 1,365,531 Moncler Rights. The second attribution cy- cle, approved during 2019, ended with the assignment of 341,514 Moncler Rights. As regards the first allocation cycle: The 3-year vesting period ended with the approval of the

Draft Financial Statements as at December 31, 2020. The performance targets were met, together with the

over-performance condition. Therefore, No. 1,479,123 shares (including No. 246,520

shares deriving from over-performance) were assigned to the beneficiaries through the allocation of treasury shares.

The effect on the income statement on 2021 amount to EUR 4,2 million.

As at 31 December 2021 there were still in circulation 262,152 rights related to the second cycle of attribution (the effect on the income statement in 2021 amounted to EUR 3.1 million).

On 11 June 2020, the Ordinary Shareholders Meeting ap- proved, pursuant to art. 114-bis of the Consolidated Law on Fi- nance, the adoption of a Stock Grant Plan denominated 2020 Performance Shares Plan addressed to Executive Directors, Key Managers, employees and collaborators, therein including Mon- cler s external consultants and of its subsidiaries.

The object of the Plan is the free granting of the Moncler shares in case certain Performance Targets are achieved at the end of the vesting period of 3 years.

The Performance Targets are expressed base on the follow- ing index of the Group in the Vesting Period, adjusted by the con- ditions of over/under performance: (i) Net Income, (ii) Free Cash Flow and (iii) ESG (Environmental Social Governance).

The proposed maximum number of shares serving the Plan is equal to n. 2,000,000 resulting from capital increase and/or al- location of treasury shares.

The Plan provides for a maximum of 3 cycles of attribution; as regards the first attribution cycle, on 11 June 2020 the Board of Directors resolved the granting of 1,350,000 Moncler Rights. The second attribution cycle, approved during 2021, ended with the assignment of 463,425 Moncler Rights.

As at 31 December 2021 there are still in circulation 1,132,742 rights related to the first cycle of attribution (the ef- fect on the income statement of 2021 amounts to EUR 15.3 mil- lion) and 459,155 rights related to the second cycle of attribution (the effect on the income statement of 2021 amount to EUR 4.5 million). As stated by IFRS 2, these plans are defined as Equity Settled.

For information regarding the plan, please see the compa- ny s website, www.monclergroup.com, in the Governance/Share- holders Meeting section.

CONSOLIDATED FINANCIAL STATEMENTS148 149CONSOLIDATED FINANCIAL STATEMENTS MONCLER GROUP

2021