In 2016, Moncler continued to pursue its commitment to promoting and enhancing the integrated management of sustainability, by establishing a governance structure with dedicated bodies supervising and managing sustainability issues.

The Sustainability Unit is responsible for identifying sustainability risks, reporting them promptly to senior management, and managing them (in collaboration with the relevant divisions), as well as for identifying areas for improvement and relevant improvement measures, thus contributing to the creation of long-term value. The Unit is also tasked with proposing the sustainability strategy, drafting the annual Sustainability Plan, preparing the Sustainability Report, and fostering a culture of sustainability within the Company.

Lastly, the Unit promotes a dialogue with stakeholders and, together with the Investor Relations division, handles the requests of sustainability rating agencies and the needs of Socially Responsible Investors (SRIs).

The Sustainability Unit relies on the advice of the Sustainability Steering Committee, which comprises the members of the Strategic Committee and a number of heads of the Group’s most relevant functions. In its advisory capacity, the Committee assesses the proposals of the Sustainability Unit, supervises the sustainability guidelines and targets, and analyses the extent to which they are achieved.

Each Company department has a number of “Ambassadors” responsible for raising awareness of social and environmental issues within their respective areas. They are also responsible for meeting the targets set out in the Sustainability Plan

that fall within the remit of their competence, and for supporting the Sustainability Unit in preparing the Sustainability Report.

As further evidence of the degree to which the Company’s senior management supports and promotes sustainability, the Control, Risks, and Sustainability Committee was established as a committee of the Board of Directors. It comprises three non-executive, independent Directors. The Committee is tasked by the Board of Directors with: supervising sustainability issues associated with the business activities of the Company and its interactions with stakeholders; defining strategic sustainability guidelines and the relevant action plan (Sustainability Plan); and reviewing the Sustainability Report.