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The Moncler Group is committed to reduce the consumption of materials used in packaging and to research and adopt lower impact alternatives.
In 2021, the Manual, developed in 2020 with the support of external experts, was adopted at Group level.
It sets out guidelines for choosing materials with lower environmental impact to be used in packaging in order to orient all the Moncler and Stone Island functions that design and select, not only the packaging, but also the elements used for retail displays and showcases.
The guidelines contained in the manual are inspired by the following principles:
• reducing the amount of materials used
• simplifying the structure of products with a view to eco-design by favouring mono-material or easily disassembled articles to promote reuse and recyclability
• reducing the use of virgin raw materials, especially if from fossil origin, by favouring materials from renewable sources or recycling

• designing items that can be used for a long time, reused and recycled
• selecting materials that have a validated sustainability performance supported by documentary evidence and measurements, and that, where possible, have been certified
• using materials that comply with the company’s Restricted Substances List (RSL).
In recent years, the Group has launched a series of programmes to improve packaging design mainly focused on recyclability, reusability and durability as well as on reducing the materials used.
In particular, in order to promote recyclability, where possible, the use of a single material per item has been foreseen and at the logistics hub in Piacenza a recycling process has been implemented, involving a private partner that operates at the facility and ensure proper and effective management of the recycling of packaging materials.

In terms of reusability and durability, in 2021, in the e-commerce channel, a multi-use packaging for garment bags and for accessories, and for knitwear envelopes was also introduced. In addition, the Group is also committed, where feasible, to furtherly and continuously reduce year after year the volume of its packaging in order to improve the environmental performance of its products. After having (project completed in 2020) limited the amount of unnecessary packaging and reducing thickness of materials used, last year, Stone Island replaced the traditional stone paper used for the shopping bag with recycled paper, resulting in a reduction in the weight of each bag of 35%; at Moncler, packaging made of single-use plastic previously used for logistics transportation of shoes was eliminated and a procedure was introduced to optimise the quantity of packaging used for the internal shipping of fabric samples and accessories between the various company functions, resulting in savings in the materials used. Lastly, in the Moncler e-commerce site, the Born to Protect option, which uses fewer and lighter items than the Signature option, was introduced as the default choice for packaging.

Materials used in packaging3

63% of the materials used for total packaging (logistics, production, to end client, and for office use), of both Moncler and Stone Island, is represented by paper and cardboard from responsibly managed forests and recycled for 73%.

17% of the materials used in Group packaging is represented by recycled plastics.
The third most used material (10%) is wood, totally recycled, represented mainly by logistic pallets, which by their nature are reusable.
The remaining materials are: synthetic fibres, 98% recycled; natural materials; artificial materials; metal and other.

Despite the excellent results achieved, the Group is looking for continuous improvement. For this reason, annual R&D investments are allocated to explore and identify solutions with a lower environmental impact, also with the collaboration and assistance of international start-ups.

PLASTIC USED IN PACKAGING3
Packaging for end client7

From 2021 almost all Moncler Group packaging for end client is made from lower impact materials. In particular, all paper and cardboard come from responsibly managed forests (FSC certified), as internally verified through a continuous monitoring process, and is recycled for 52%. Paper is mainly used for shopping bags, whose paper is 100% recycled, for gift boxes, tags and shoe boxes.
98% of plastic consists of 100% recycled plastic and 2% of bio-based or mixed plastic.
In particular, accessories such as the zippers of

garment covers and bags used in the e-commerce channel are made of recycled plastic, as well as the hangers that, in addition to being made of recycled plastic, have been redesigned with a removable hook, thus promoting a correct recycling process.
The third most used material for packaging for end client is synthetic fibres, almost exclusively from post-consumer recycled plastic bottles, used for garment bags as well as for accessories and

knitwear envelopes, which increased compared to last year in line with the process of internalisation of the e-commerce channel.
Natural fabrics, almost entirely represented by certified organic cotton, are mainly used for shoe bags and accessories bags used at the stores.
100% of Moncler’s packaging for end clients is made from sustainable materials, 98% for Stone Island. From 2022 this percentage will rise to 100%.

Logistics packaging8

The materials mostly used for the Group’s logistic packaging are paper and cardboard from responsibly managed forests (FSC certification) and recycled for 84%.

Plastic, which accounts for 22% of total logistics packaging, is recycled for 88%. At Moncler this value increased to 94%, +50 percentage points compared to last year.

By 2023 all packaging used in logistics will consist only of lower impact materials, which currently make up 97%.

Single use plastic9

The impact of plastic on the environment, particularly of single-use plastic, has become a very critical issue for our planet, to which the Moncler Group wants to contribute through concrete actions: the Group aims to progressively reduce the use of single-use virgin plastic until it is completely phased out by 2023.
To date, 87% of the single-use plastic used by the Group is made up of recycled plastic.

For Moncler, that percentage rises up to 92%, registering an increase of 48 percentage points if compared to 2020, when it represented 44%.
The decision to replace single-use virgin plastic with recycled plastic stems from a Life Cycle Assessment analysis conducted with the Politecnico of Milan aimed at identifying the best alternative from an environmental and technical-performance

point of view.
From the analysis it emerged that recycled plastic reduces CO2 emissions by 35% and water consumption by 60% compared to virgin plastic. In addition to preferring recycled plastics, the weight of many single-use items was reduced by 10%, thus allowing a reduction in unit weight and a decrease in the use of raw materials.

Paper10

All the paper and cardboard used by the Group come from responsibly managed forests. Given their high use, they are constantly the focus of improvement projects linked to the reduction of

their use, where possible, and to the increase in the percentage of recycled material contained.
To date, 71% of the Group’s paper is recycled, for

Moncler this percentage increases up to 73%, 22 percentage points higher if compared to 2020, when it was 51%.

PACKAGING IN THE E-COMMERCE CHANNEL

With the internalisation of the e-commerce channel two types of packaging were made available:

SIGNATURE PACKAGING: products are presented in a reusable Moncler box, tied with a tricolour ribbon.

• The external shipping box is made of 100% recycled paper from responsibly managed forests
• The inner “Signature” box is made of paper from responsibly managed forests, of which more than 50% is from recycled sources

• The inner bags that are included with down jackets are made from post-consumer recycled plastic bottles
• The hangers that are included with down jackets are made of recycled plastic
• Last mile delivery is made through “UPS® carbon neutral” service in the Americas and EMEA Regions, while for Korea and Japan Moncler neutralises last mile emissions through offsetting projects.

“MONCLER BORN TO PROTECT” PACKAGING: this option uses a reduced number of packing layers, placing products in light, reusable packaging.

• The external shipping box is made of 100% recycled paper from responsibly managed forests
• The inner bags are made from post-consumer recycled plastic bottles
• The hangers are made of recycled plastic
• Last mile delivery is made through “UPS® carbon neutral” service in the Americas and EMEA Regions, while for Korea and Japan Moncler neutralises last mile emissions through offsetting projects.

NOTES
3 Includes the packaging for logistics, production, end client and used in offices, purchased in 2021.
4 Recyclable but not through municipal collection system.
5 Includes all composite materials that cannot be separated.
6 The increase in the amount of materials purchased by Moncler in 2021 is due to several factors, including: the finalisation of the internalisation of the e-commerce channel with the introduction of dedicated packaging, a different purchase strategy due to the scarcity of raw materials and the recovery of the business following the Covid-19 pandemic.
7 Packaging for end clients purchased in 2021.
8 Logistics packaging purchased in 2021.
9 The figure includes all single-use plastic, not just the one used for packaging purchased in 2021.
10 The figure includes all paper, not only the one used for the packaging purchased in 2021.