THE NEW MONCLER INVESTOR RELATIONS APP IS NOW AVAILABLE

Moncler considers the promotion of health and safety as a key priority of its operations, so as to protect employees, clients, contractors, and anyone in its sphere of influence.
Moncler operates in full compliance with the law in every country where it operates, with an approach focused on continuous improvement. From the Group’s headquarters, a team of specialized professionals (the Health and Safety staff) is responsible for ensuring that workplaces worldwide are safe and

compliant with applicable laws, defining occupational health and safety guidelines, coordinating monitoring activities and, where necessary, any measures needed to improve safety conditions, supervising the activities of designers and architects, and ensuring an ongoing dialogue with Italian workers’ safety representatives.

Every employee plays a fundamental role in safety. Making every effort to create and spread a culture of safety, individual responsibility and risk awareness is

pivotal in ensuring a safe working environment. Great emphasis is also placed on the safety of workers and contractors who work within the perimeter of Moncler’s operations. In Italy, all business operations involving contractors require a signed risk assessment report identifying any interference risks associated with the work to be carried out on Company premises, and the enforcement of strict prevention measures for any work considered high risk.

MANAGEMENT SYSTEM

Among its initiatives to protect and promote health and safety in the workplace, Moncler implements an efficient management system in compliance with the highest health and safety standards. This commitment is clearly stated in the Occupational Health and Safety Management Policy, which was distributed to all company employees worldwide in 2017 and updated in 2019. The Policy sets the health and safety principles and guidelines to be implemented in every sphere of

activity and provides for:

• the dynamic and preventive assessment of activities, in order to eliminate any root causes of risk or, should this not be feasible, to control risks using the best available techniques;

• the continuous improvement of all activities that may impact safety;

• the enhancement of knowledge, competence, and awareness of all employees through targeted training and practice.

 

In 2020 Moncler obtained the ISO 45001 certification globally at all offices and stores (excluding shop-in-shops) and for its logistics and production sites.

FROM PREVENTION TO CONTROL

Moncler puts a lot of thought into and invests considerable time and energy in the management of occupational health and safety, in an effort to minimize any risk of accidents.

Although the Company’s business is not high-risk, Moncler adopts a preventive approach. Before the opening of any new workplace – be it an office or a store – occupational health and safety risks are carefully evaluated through indepth audits. Offices and stores already in operation are regularly subjected to compliance checks through document analyses and on-site inspections (verification of work environments and equipment), with improvement plans drawn up as necessary. This monitoring process, originally implemented in Italy alone, was extended in 2019 to all workplaces around the world.

In 2020 the Group continued to perform on-site inspections to check employee health and safety at the production site in Romania. These inspections were conducted both by in-house staff and external bodies and were required in order to obtain Health and Safety certification according to the new ISO 45001 standard.

All Moncler employees and the service providers most exposed to workplace safety risks, such as security, cleaning, porterage and maintenance companies, are covered by the company’s health and safety manage- ment system. In particular, the entire area11

was subject to audits by internal inspectors and external bodies. In Italy, Moncler organizes regular safety meetings with Company representatives, specialist physicians, prevention and protection officers, and workers’ safety representatives. These meetings focus on risk assessment analyses and outcomes, injury rates, training, and personal protective equipment.

In 2020, workplace accidents involving its own employees and those of the cooperative that manages the logistics hub in Castel San Giovanni, Piacenza, were kept to a minimum through the careful management of work spaces, ongoing information and awareness initiatives centred on prevention, and the monitoring of the proper implementation of improvement measures. In 2020, Moncler continued to monitor the employee accident rates of the cooperative that manages the logistics hub of Castel San Giovanni, Piacenza, which obtained SA8000 certification during the year, recording a severity rate of 0.20 in 2018, 0.91 in 2019 and 0.93 in 2020 and a frequency rate of 11.67 in 2018, 11.48 in 2019 and 9.17 in 2020. Furthermore, the monitoring was also extended to other service providers deemed to be more exposed to safety risk for whom no accidents were recorded. This result led to register a frequency rate for all suppliers monitored of 7.78, with a decrease of 16% compared to 2019.

No fatal accidents were reported during the

year involving employees or contractors. Occupational diseases are a direct consequence of work, caused by workers’ exposure to the gradual and progressive harmful effects of the activities they perform. Moncler monitors occupational diseases in order to identify any workplace conditions that may have contributed to their onset, assess any residual risks, and implement corrective measures as needed to prevent recurrence. In Italy, the Group continued to require personnel exposed to specific risk factors to undergo regular health checks, in application of specific health protocols defined on the basis of the risk, with supplementary specialist visits as needed. All workplace accident indicators are continuously monitored and measured.

The Company also focuses on work-related stress as part of a holistic approach to employee wellbeing. Since 2019, work-related stress assessments have again been carried out at the corporate offices in Milan, with a low-risk outcome for all units. In 2020 the Company took a series of actions for ongoing improvement: the stress assessment was used as a basis for planning and implementing organizational or management measures aimed at avoiding or minimizing stress-related harm to workers’ health. In 2021 these assessments will also be carried out in the production site in Romania.

WORKPLACE ACCIDENT INDICATORS

NOTES

11 Excluding the 16 shop-in-shops.

12 Incidence rate: (number of workplace injuries/total employees) x 1,000.

13 Severity rate: (number of days lost due to workplace injuries/total hours worked) x 1,000.

14 Frequency rate: (number of injuries/total hours worked) x 1,000,000.

TRAINING AND INFORMATION

Training its people is part of the prevention initiatives promoted by Moncler.

In 2020, about 20,000 thousand hours of health and safety training were provided, more than 16,000 of these at the production site in Romania. Specific training programmes were developed and customized based on different roles and risk levels, so as to transfer the knowledge,

skills, and values required to work safely.
The majority of employees attended a training programme on general safety in the workplace, in keeping with legal provisions. People in positions of responsibility took additional training modules to improve monitoring and ensure that workers’ behaviour was compliant with the law and Company regulations on occupational health

and safety.
In response to the pandemic, in 2020 Moncler developed and delivered a course on anti-COVID measures for the Italian corporate offices.
An online health and safety course with specific content for store employees was given for all stores subject to certification.

HEALTH AND WELLBEING

Moncler’s commitment to promoting and protecting the health of its employees goes beyond the workplace and occupational risks. This explains the meaning and purpose behind the various training and information initiatives on prevention organized by the Company.

Alongside these efforts and the measures taken to support employees during the COVID-19 emergency, Moncler is committed to establishing agreements with local outpatient clinics so its people can access the best medical centres at the most affordable rates. Since 2018, Moncler has been a member of a supplementary healthcare fund for fashion industry workers in Italy, which provides services complementary to those of the Italian national health system. In 2020 a total of 728 employees signed up with the fund.

Because of the pandemic and local restrictions, in 2020 Moncler had to suspend its traditional corporate welfare initiatives at the production site in Romania including the annual blood tests directly at the site, free eye tests and contributions towards the purchase of glasses.

The workstation ergonomics assessment in the ironing department, which will help the Company plan improvements to reduce fatigue and maximize productivity, was also put on hold during the year but will be resumed and extended to the sewing department as soon as the COVID-19 emergency allows.
Finally, Moncler continued to install new LED lighting systems, which in addition to being energy efficient also contribute to improve working conditions.
Another aspect regularly monitored by the Company is noise in the workplace, which can cause a number of problems to workers’ health. At the production site in Romania, noise measurements are carried out annually to verify compliance with the permitted limits in each area.

Air quality, temperature and humidity can also cause discomfort in the workplace, affecting both the physical health and psychological wellbeing of workers. Specifically, in order to ensure proper ventilation of workplaces at the corporate offices in Trebaseleghe and in Romania, where there are

several micro-climates due to the different stages of processing, Moncler continued to make efficiency upgrades by installing latest-generation ventilation systems that are periodically inspected. At the logistics hub in Castel San Giovanni, Piacenza, two systems have been installed to monitor the indoor temperature and assess its suitability in view of the specific activities carried out and in relation to outdoor temperatures; heating systems were installed.

Lastly, starting from 1st January 2021, the Company guarantees mothers: part-time and flexible working as well as the possibility to extend remote working up to 4 days per week up to three years of the child, extra 16 hours of paid leave a year to attend child medical appointments and extra 5 days of paid leave a year if the child fall sick, and lastly, a greater flexibility in how to take parental leave (minimum of 1 hour instead of half a day). Moncler grants fathers a total of 15 days of paternity leave.