221220 MONCLER GROUP 2022

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 oversaw the adoption of remuneration policies that are subject to approval by the shareholders meeting;

 held meetings and obtained information also by attending the meetings of the Control, Risks and Sustainability Committee from the Designated Manager for the Preparation of the Corporate Accounting Documents, and from the Head of Internal Audit and the heads of other company departments involved from time to time in the Board s supervisory activities;

 in the context of the relations between the supervisory body and auditor (Article 150, third paragraph of the TUF) and in the light of the Board of Statutory Auditors powers as the Internal Control and Accounts Auditing Committee (Article 19 of Legislative Decree 39/2010), held periodic meetings with the appointed auditors, DT, to exchange information and data relevant to their respective duties.

2. Operations with greater financial significance. Other notable events (point 1 of Consob Communication No. 1025564/01)

2.1. Activities of the Board The Board of Statutory Auditors oversaw the Company s compliance with the law, the company bylaws and the principles of sound administration, with particular reference to operations that were significant in terms of profit or loss, financial aspects or equity, by regularly attending the meetings of the Board of Directors and by examining the documents provided. In this regard, the Board of Statutory Auditors obtained from the CEOs and from the Board of Directors information about the activities performed and about the major financial and equity operations carried out by the Company, also through its direct or indirect subsidiaries; that information is represented in detail in the Directors Report, to which please refer. On the basis of the information made available to the Board, it can reasonably be considered that these operations were carried out in accordance with the law and the company bylaws, and that they were not manifestly imprudent, reckless nor did they conflict with the resolutions passed by the shareholders meeting, nor would they compromise the integrity of the Company s assets.

2.2 Significant events Information about the significant events involving the Company and the Group in

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2022 and in the first part of 2023 is contained in the Annual Report and Consolidated Financial Statements for 2022. These include, in particular, the following: (i) As of 1 January 2022, the distribution of Stone Island brand products on the Korean market was brought in-house through the establishment of a joint venture with a local partner, in which the Group holds 51%; (ii) following the outbreak of the conflict in Ukraine that began on 24 February 2022, both the shop in Kiev and all business activities in Russia were closed. Total exposure to the two countries in the financial year 2021 (before the start of the conflict), including revenue generated by Russian tourists buying outside Russia, had been less than 2% of Group sales; (iii) on 3 March 2022, Moncler announced the launch of a share buyback programme for up to a maximum of 1,000,000 ordinary shares (representing 0.4% of the current share capital) to service compensation and share allocation plans for employees, directors and consultants of Moncler and its subsidiaries. The programme ended on 25 March 2022 and as at 31 December 2022 Moncler held 4,858,416 treasury shares; (iv) on 21 April 2022, the Ordinary Shareholders Meeting appointed the new Board of Directors, confirming its 12-member composition, for the three-year period 2022-2024, which will remain in office until the Shareholders Meeting that will be called to approve the Financial Statements for the year ending 31 December 2024; (v) on 21 April 2022, the Ordinary Shareholders Meeting approved, pursuant to Article 114-bis of the TUF, the adoption of a stock grant plan called Performance Shares 2022 Plan reserved for Executive Directors, Executives with Strategic Responsibilities, employees, collaborators and consultants of Moncler and its subsidiaries; (vi) on 28 June 2022, the Board of Directors approved the transaction to realign the tax value of the Stone Island brand to the statutory value in the financial statements, opting for the regime set forth in Article 15 of Legislative Decree 185/2008; (vii) As of 1 August 2022, the distribution of Stone Island brand products on the Japanese market was brought in-house through the establishment of a joint venture majority-owned by Stone Island (80%), which directly manages the business in the country (currently consisting of 16 mono-brand shops) and relations with wholesale partners.