DIALOGUE TO GROW TOGETHER

The Group places great importance to dialogue and sharing good practices with its suppliers, both in the technical field for the benefit of business activities, and in the social and environmental field, to promote responsible behaviour. The Sustainability Unit, the Operations & Supply Chain Department and the Internal Audit Function work closely together to ensure continuous engagement throughout the supply chain. This engagement takes place through multiple channels, ranging from informal periodic meetings to more structured institutional occasions. To further strengthen this relationship and simplify the exchange of information and documentation, a dedicated web portal is available for the Group’s suppliers.

Recognizing the importance of also considering feedback from suppliers’ employees, the ethical, social and environmental audits conducted by qualified third parties on behalf of the Group include dedicated interviews. These interviews involve a representative sample of workers at the audited suppliers and are conducted anonymously without the presence of management to foster an environment in which people can express themselves freely.
The interviews explore key topics such as working conditions, respect for human rights and employee well-being, as well as labour law compliance concerning applicable regulations and standards, awareness and understanding of the Group’s

grievance mechanisms, freedom of association and compliance with health and safety regulations. Particular attention is given to the most vulnerable categories, such as migrant and/or refugee workers, to ensure that their specific needs and conditions are adequately protected.

A further channel through which the Group is updated and made aware of issues related to suppliers’ workers is its close collaboration with bodies and organisations with expertise in human rights. For example, the Group actively collaborates with the Fair Wage Network, an independent organisation that is dedicated to promoting fair wage practices in global supply chains. The Fair Wage Network annually updates its database on living wage levels in each country – the salary sufficient to cover basic needs – involving workers from different companies in various sectors through surveys and interviews to offer an up-to-date overview of real economic conditions in global supply chains.

The Group also uses training and capacity building as tools to prevent potential negative impacts and at the same time promote responsible management of social and environmental issues along the supply chain.
In this context, training on the Code of Ethics continued in 2024 through a dedicated module available on the supplier portal, which includes a

specific section on the principles of respect for human rights. Participation in this course is required for all suppliers upon registration on the portal.
Moreover, the Group, with the support of the International Training Centre of the International Labour Organization (ITCILO), continued to offer targeted human rights training to both its employees and suppliers. The course is translated into all languages relevant to the Group and is updated annually.

Capacity-building programmes have also continued on key topics such as the living wage and on the importance of adopting energy efficiency mechanisms and promoting renewable energy throughout the supply chain, involving a total of 41 suppliers during the year.

In addition to the ongoing awareness-raising activities on ethical, social, environmental and animal welfare issues, Moncler supports some suppliers considered strategic by providing both experts in health and safety to offer consultancy and develop knowledge, as well as operational support to handle investments in technologically advanced machinery for particular processes (eight suppliers in 2024).
Since 2022, the programme has also extended to Stone Island suppliers.