OCCUPATIONAL HEALTH AND SAFETY

The Moncler Group, through its health and safety management system, operates in full compliance with the requirements of specific regulations applicable in the countries in which it operates, with an approach aimed at continuous improvement. The system also includes specific procedures for investigating accidents, occupational diseases, illness or workplace incidents to identify the circumstances and possible causes and, if necessary, plan and prioritise actions and interventions to prevent their recurrence in the future.

At the Moncler and Stone Island headquarters, a team of specialised personnel is responsible for ensuring workplaces that are safe and that comply with applicable legislation, setting health and safety guidelines, coordinating monitoring efforts and, where necessary, improving safety conditions, supervising the activities of designers and architects and maintaining relations with the safety representatives of Italian workers.

Every employee plays a key role. Spreading a

culture of safety and individual responsibility, as well as creating risk awareness, are indeed pivotal to maintaining a safe working environment.

A great deal of attention is also paid to the safety of workers and contractors that work at Group sites. In Italy, all business relations with contractors require the signing of a document attesting the assessment of risks associated with conducting business at the company (interference risks) and the application of strict prevention in activities involving risks.

One of the initiatives developed by the Group for the protection and promotion of health and safety in the workplace is the implementation of an effective management system in compliance with the highest health and safety standards. In this regard, the Moncler Group’s commitment is detailed in the Occupational Health and Safety Management Policy, reviewed and approved by the Group’s Board of Directors and circulated to all employees worldwide. The Document, in line with what is defined in the Human Rights Policy, reiterates the Group’s commitment to safeguarding employees, clients, suppliers and, in general, all

those who enter the sphere of influence of Moncler and Stone Island, establishing the principles and application guidelines to be applied across all business activities. These principles include:
• a dynamic and preventive evaluation of activities, allowing risks to be eliminated at roots and, where this is not possible, to be reduced according to the best available practices;
• continuous improvement in all activities with a safety impact by defining and prioritising specific action plans;
• enhancement of knowledge, competence and awareness of all employees through targeted

training and practices.

The Group’s health and safety management system is overseen by the Chief Corporate & Supply Officer, who is responsible for its implementation. In addition, the Group’s Board of Directors receives quarterly updates on the management of health and safety issues from the managers in charge.
In 2024, the Group obtained the renewal of the management system certification under the ISO 45001 standard worldwide in all offices, directly operated stores, logistics hubs and production sites.

The Moncler Group devotes attention and considerable energy to prevention activities in order to limit accidents as much as possible.

Although there are no high-risk activities, the Group adopts a preventive approach. Before the opening of a new workplace, whether an office or store, a thorough health and safety risk assessment is carried out through specific inspections conducted with the support of specialised experts. Existing offices and stores are subject to periodic compliance checks, through documentary analysis and inspections (verification of working environments and equipment). If necessary, an improvement plan is formulated, with actions prioritised to address the risks identified and the integration of the action plans with quantified

objectives. Progresses made in the mitigation and prevention of health and safety issues and identified risks with regard to the goals of the improvement plan are periodically assessed and reported internally. A specific, detailed emergency response plan with measures for preparedness and response to emergency situations is also provided for each Group site.

During 2024, occupational health and safety inspections continued at the corporate sites in Italy, the logistics hub in Castel San Giovanni (Piacenza) and the production site in Romania. In light of these inspections, carried out by both internal and external staff, specific activities have been undertaken to reduce risks and prevent

potential negative impacts on workers. Among these, at the raw materials warehouse in Ravarino (Modena), manipulators for fabric rolls were installed, with the aim of reducing the manual handling of loads, and the fabric control line at the same warehouse was secured.

In Italy, the Group organises periodic safety meetings, attended by employers or their delegates representing the two Brands, company physicians, the officers of the prevention and protection service and workers’ safety representatives. During the meetings, analyses and results are shared with regard to risk assessment, accident rate, training and the personal protective equipment used.

In addition, for the Group’s production sites, ergonomic assessments have been conducted on some workstations in the ironing and sewing department in Romania and in the assembly llines of the “smart factory” in Trebaseleghe (Padua). These evaluations were essential for developing improvement plans aimed at reducing worker fatigue and maximising productivity. The installation of new LED lighting systems has continued, not only enhancing eco-efficiency, but also improving working conditions.
 
Another issue that is regularly monitored is noise in the workplace, which can cause a range of health problems for workers. At all the corporate offices and production sites, noise measurements are

carried out annually to check compliance with the permitted limits in each area.
 
Air quality, light, temperature and humidity can also generate uncomfortable situations in the workplace, affecting both physical health and the psychological well-being of workers. Specifically, the Moncler Group, in order to ensure proper workplace ventilation at the corporate sites in Trebaseleghe (Padua) and Romania and at the Stone Island site in Ravarino (Modena), where there are various micro-climatic conditions due to different processing phases, continued to introduce latest-generation ventilation systems, which are periodically checked. In 2024, microclimate analyses were conducted in several stores and at

the “smart factory” in Trebaseleghe (Padua), revealing no significant critical issues.
 
Moncler and Stone Island take a holistic approach to employee well-being, focusing attention on work-related stress issues. In 2024, Moncler renewed its assessment of work-related stress at the corporate sites in Milan: for all the offices, the results of this assessment showed a “low” risk. The assessment will be updated in 2026. Despite the “low” risk obtained, the Company will continue to implement a series of actions aimed at continuous improvement: the stress assessment was in fact used as a basis for the planning and implementation of organisational or management measures aimed at preventing or minimising stress-related harm on worker health.

People training is part of the prevention activity promoted by the Moncler Group. During the year 2024, about 48,000 hours of health and safety training were delivered with specific training courses, dedicated and tailored to the various professional profiles and risk levels, in order to transfer knowledge and skills and create a safety culture.
The majority of employees have received general workplace safety training in compliance with the law. For those at the Company who occupy positions of responsibility and coordination,

additional training has been provided, specific to officers, to facilitate the monitoring and compliance of workers with conduct in line with the legal and company’s health and safety rules.
 

The Moncler Group’s commitment to the promotion and protection of employee health extends beyond the limits of its business activities and occupational risks. Awareness-raising and well-being activities and programmes continued.

Moreover, the Moncler Group is committed to

establishing agreements with local healthcare centres to ensure employees have access to the best medical centres at the most favorable rates.
In 2024, the traditional corporate welfare initiatives continued at the production site in Romania, including on-site annual blood tests, free eye examinations, and financial support for purchasing prescription glasses.
The Moncler Group’s commitment to the well-being of its employees includes various programmes that promote work flexibility and an optimal work-life balance.