Dealings and negotiations with trade unions are managed according to the highest standards of transparency and integrityand in strict compliance with applicable laws.
All employees in Italy, Romania, France, Belgium, Austria, the Netherlands and Spain, accounting for 54% of the global workforce, are covered by collective bargaining agreements.
Moncler’s industrial relations policy is built on a commitment to constructive dialogue, aimed at engaging workers’ representatives and maintaining a good

working atmosphere. The search for shared solutions results in the total absence of conflict.
In 2018, once again, thanks to the climate of cooperation built by the Company over the years, no strikes or union protests were organised against Moncler by workers employed by Group companies. Similarly, there were no reported cases in which freedom of association and the right to collective bargaining were undermined or placed at risk.

In 2018, several meetings with trade unions were held at the offices in Trebaseleghe, Padua, heart of all Group operations. They were mainly dedicated to illustrating company trends and projects, as well as the progress of mandatory training plans on company health and safety, the sharing of projects and training and their trends.

In 2018, the Company carried out a reorganisation of some positions within its accounting and human resources departments at the offices in Echirolles, France, which involved a total of eight people.
Moncler is aware that certain strategic decisions can have repercussions for employees. Accordingly, in the event of

significant organisational changes (such as the reorganisation of processes or other significant interventions), the Company has always implemented disclosure and workers’ consultation procedures provided for by law and will continue to do so in the future.