10.7 FEES PAID TO INDEPENDENT AUDITORS

Fees paid to independent auditors are summarised below:

AUDIT AND ATTESTATION SERVICES

(Euro) Entity that has provided the service Fees 2021 Audit KPMG S.p.A. 529,119 Network KPMG S.p.A. 226,337 Attestation services KPMG S.p.A. 126,839 Network KPMG S.p.A. 2,000 Other services KPMG S.p.A. 221,124 Network KPMG S.p.A. 653,230 Total 1,758,649

10.8 DISCLOSURE PURSUANT TO ITALIAN LAW N. 124/2017

With regard to the requirements of Law 124/2017, it should be noted that in 2021: Moncler S.p.A. benefited from a research and develop-

ment tax credit of EUR 512,000, an art bonus credit of EUR 13,000 and an advertising bonus of EUR 33,000;

Industries S.p.A. benefited from a sanitisation tax credit of EUR 60,000, an inventory tax credit of EUR 512,000 and a tax credit for investments in new capital expenditures of EUR 125,000;

Sportswear Company S.p.A. benefited from the sanitisa- tion tax credit of EUR 34,000, the advertising bonus of EUR 82,000 and the inventory tax credit of EUR 131,000;

Stone Island Retail S.r.l. and Stone Island Logistics S.r.l. benefited from the sanitisation tax credit for EUR 26,000 and EUR 1,000, respectively.

For the purposes of the above requirements and with regard to any other grants received falling among the cases provided for, refer- ence is also made to the specific Italian national register, which can be consulted by the public.

11. SIGNIFICANT EVENTS AFTER THE REPORTING DATE

STONE ISLAND KOREA Starting from 1 January 2022, the distribution of the Stone Island brand in the Korean market has been internalised through the es- tablishment of a joint venture with a local partner, in which the Group holds 51%.

SUSTAINALYTICS In January 2022, Moncler obtained the Industry Top-Rated Badge as well as for the Regional Top-Rated Badge from Sustainalytics, a leading research and ESG and Corporate Governance rating com- pany that supports investors in the development and implemen- tation of responsible investment strategies.

SHARES BUY-BACK PROGRAM On 3 March 2022, Moncler S.p.A. announced the launch, start- ing from 4 March 2022, of a buy-back program up to 1,000,000 of its ordinary shares (equal to the 0.4% of its share capital), for a maximum countervalue of EUR 56 million, without a par value, in execution of the shareholders meeting resolution dated 22 April 2021, pursuant to Arts. 2357 and 2357-ter of the Italian Civil Code.

The buy-back program s purpose is to meet obligations arising from stock-based incentives schemes or other allocations of shares to employees, members of the Board of Directors and consultants of Moncler and of its subsidiaries, within the param- eters prescribed by the Market Abuse Regulation (EU) 596/2014, the Commission Delegated Regulation (EUR) 2016/1052 and Consob regulation no. 11971/1999 and in compliance with all pa- rameters (including prices and daily volumes), terms and condi- tions resolved upon by Moncler Shareholders Meeting held on 22 April 2021 and publicly available.

At the date of the approval of the Draft Consolidated Re- sults, the program is still ongoing.

GEOPOLITICAL UPDATE With reference to the conflict in Ukraine started on 24 February, Moncler Group s management confirms that both the store in Kiev and all commercial activities in Russia have also been temporarily closed. The Group is present in the two countries with dedicated e-commerce, and for the brand Moncler with two directly operated stores (DOS) and three wholesale mono-brand stores (SiS). More- over, the Group has around 100 multi-brand wholesale doors.

The total exposure to the two countries in FY 2021 in- cluding revenues generated by Russian tourists buying outside Russia was less than 2% of the Group s revenues. Although the uncertainty regarding the development of the situation and its possible impacts on global economies remains very high, signifi- cant consequences on FY 2022 results are currently not foreseen.

With regard to its supply chain, Moncler Group specifies that it does not purchase raw materials in Ukraine or Russia, nor use third-parties producers based there. At the date of the approv- al of the Draft Consolidated Results, both the direct production site located in Bacau, Romania, and all third-party manufacturers based in neighboring areas are operating without any disruption due to the conflict in Ukraine. Moreover, whilst at logistics lev- el the current situation could have an impact on the transporta- tion systems and might lead to delays in the shipments of goods, there are currently no significant issues. Regarding the rising of the production costs, not only linked to the geopolitical situation, and to the potential increase in logistics costs, the Group con- firms that at the momentMoncl it does not expect any impact on profitability for FY 2022.

In Russia and Ukraine, Moncler employs 19 people with whom it is in constant contact to ensure all necessary support is being provided. In particular, with regards to its employees in Ukraine that have decided to leave the country, the Group is pro- viding economic and organizational aids.

The Moncler Group also supports UNHCR, the United Na- tions High Commissioner for Refugees which protects and as- sists refugees around the world, and other organizations active in the area.

***

The Consolidated Financial Statements, comprised of the con- solidated income statement, consolidated statement of compre- hensive income, consolidated statement of financial position, consolidated statement of changes in equity, consolidated state- ment of cash flows and explanatory notes to the Consolidat- ed Financial Statements give a true and fair view of the financial position and the results of operations and cash flows and corre- sponds to the accounting records of the Parent Company and the companies included in the consolidation.

On behalf of the Board of Directors of Moncler S.p.A.

Chairman and Chief Executive Officer Remo Ruffini

152 153 MONCLER GROUP

2021CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS