ENVIRONMENTAL POLICY AND MANAGEMENT SYSTEM

The Group is aware that the path towards sustainable development requires policies, tools and actions to protect the environment. Responsibility towards future generations requires a strong commitment to the careful use of natural resources and minimisation of impacts.

As proof of its focus on the environment and its protection, in 2017 Moncler adopted an Environmental Policy. The Policy, updated and adopted at Group level in 2022, and approved by the Board of Directors after receiving the opinion of the Control, Risks and

Sustainability Committee, reaffirms constant compliance with all applicable laws and regulations and formalises the Group’s commitment to continuously improve its environmental performances in order to reduce its direct and indirect impacts.

The Policy lays down the Group’s ambitions in the following areas:
• fight against climate change
• safeguard biodiversity
• water and waste stewardship
• manufacture of products with “preferred”¹ materials;

• spread of a culture of sustainability.
The Moncler Group applies the Environmental Policy to all its own operations and encourages the adoption across its entire supply chain.

In this regard, the Moncler Group is committed to investing the technical, economic and professional resources necessary to comply fully with the guidelines of the Policy. The document is available in both Italian and English and can be downloaded from the Group’s intranet and internet sites.

A concrete result, that highlights the Group’s commitment to environmental protection along with its drive towards continuous improvement, is represented by maintenance of environmental certification according to the ISO 14001 standard at the production site in Romania, the Italian corporate sites and the logistics hub in Castel San Giovanni (Piacenza)².

With regards to direct environmental impacts, i.e. those generated by its offices, stores, logistics hub and production sites, in line with previous years the Group focuses its efforts on the following aspects:
• monitoring and assessing environmental impacts to identify and implement improvement measures;

• purchasing electricity from renewable sources;
• using more efficient technologies and lighting systems and environmentally friendly IT tools;
• using Building Management System (BMS) supervision tools for integrated and more efficient management of energy consumption;
• using technologies to support interaction between employees to reduce the business travel;
• using resources efficiently and sourcing from responsibly managed sources;
• ensuring engagement and awareness through guidelines and programmes to reduce the consumption of paper, plastic, toner,

energy and promote waste sorting.

In addition, in 2024 the Moncler Group will begin the process of obtaining ISO 50001 energy certification for the Energy Management System of its corporate sites in Italy.

Due to the nature of its business model, in which production is mainly managed through suppliers, the Moncler Group’s most significant environmental impacts are indirect (scope 3). Within the limits of their influence, with the aim to minimize the indirect impacts of the manufacture and distribution of their products, Moncler and Stone Island encourage production and logistics partners to apply environmental best practices.