155 SEPARATE FINANCIAL STATEMENTS154 SEPARATE FINANCIAL STATEMENTS MONCLER GROUP 2022

FINANCIAL POSITION

(Euro) Notes 31/12/2022 of which 31/12/2022 of which related parties related parties (note 8.1) (note 8.1) Brands and other intangible assets - net 4.1 1,001,405,282 1,001,460,254 Property, plant and equipment - net 4.3 6,749,883 6,957,036 Investments in subsidiaries 4.4 948,755,953 924,669,525 Other non-current assets 4.9 257,900 126,400 Deferred tax assets 4.5 1,957,703 2,178,482 Non-current assets 1,959,126,721 1,935,391,697 Trade accounts receivable 4.6 1,910,103 1,219,240 Intra-group accounts receivable 4.6 111,688,675 111,688,675 83,877,769 83,877,769 Other current assets 4.9 1,849,521 1,387,217 Other current assets intra-group 4.9 28,000,606 28,000,606 4,110,773 4,110,773 Intra-group financial receivables 4.8 159,741 159,741 1,075,337 1,075,337 Cash and cash equivalent 4.7 12,966,224 901,195 Current assets 156,574,870 92,571,531 Total assets 2,115,701,591 2,027,963,228 Share capital 4.16 54,736,558 54,736,558 Premium reserve 4.16 745,308,990 745,308,990 Other reserve 4.16 388,733,560 426,983,425 Net result 4.16 278,835,705 136,481,615 Equity 1,467,614,813 1,363,510,588 Long-term borrowings 4.14 4,985,590 5,685,596 Intra-group long-term borrowings 4.14 50,000,000 50,000,000 327,000,000 327,000,000 Provisions non-current 4.13 9,266,402 0 Employees pension fund 4.12 1,825,276 1,658,378 Deferred tax liabilities 4.5 4,914,807 220,014,187 Non-current liabilities 70,992,075 554,358,161 Short-term borrowings 4.14 1,146,328 1,077,384 Intra-group short-term borrowings 4.14 444,114,569 444,114,569 38,610,403 38,610,403 Trade accounts payable 4.10 41,137,651 29,983,918 Intra-group accounts payable 4.10 7,275,648 7,275,648 2,408,945 2,408,945 Tax liabilities 4.15 42,655,805 14,355,724 Other current liabilities 4.11 16,845,378 3,752,387 12,008,839 3,630,802 Other current liabilities intra-group 4.11 23,919,324 23,919,324 11,649,266 11,649,266 Current liabilities 577,094,703 110,094,479 Total liabilities and equity 2,115,701,591 2,027,963,228

INCOME STATEMENT

(Euro) Notes 2022 of which 2021 of which related parties related parties (note 8.1) (note 8.1) Revenue 3.1 418,706,683 414,471,815 302,092,463 299,144,224 General and administrative expenses 3.2 (67,392,269) (16,719,331) (54,996,276) (12,048,171) Marketing expenses 3.3 (73,832,431) (4,349,396) (58,599,541) (2,987) Operating result 277,481,983 188,496,646 Financial income 3.5 4,651 4,651 33,122 33,122 Financial expenses 3.5 (4,395,888) (3,571,786) (1,684,431) (830,841) Result before taxes 273,090,746 186,845,337 Income taxes 3.6 5,744,959 (50,363,722) Net result 278,835,705 136,481,615

COMPREHENSIVE INCOME

(Euro) Note 2022 2021 Net profit (loss) for the period 278,835,705 136,481,615 Gains/(Losses) on fair value of hedge derivatives 4.16 0 0 Items that are or may be reclassified to profit or loss 0 0 Actuarial Gains/(Losses) on pension funds 4.16 22,825 (7,948) Items that will never be reclassified to profit or loss 22,825 (7,948) Other comprehensive income/(loss), net of tax 22,825 (7,948) Total Comprehensive income/(loss) 278,858,530 136,473,667