231230 MONCLER GROUP 2022

13

The process and results of the Board s self-assessment for the 2022 financial year were presented, discussed and agreed by the Board of Directors with the assistance of the external advisor at the Board meeting on 28 February 2023 which was attended by the Board of Statutory Auditors. The Board of Statutory Auditors has verified the correct application of the criteria and procedure used by the Board of Directors to evaluate the independence of the directors qualified as independent . Early in 2023 and in line with the recommendations of Standard Q.1.1 of the Rules of Conduct for the Boards of Statutory Auditors of Listed Companies prepared by CNDCEC, the Board of Statutory Auditors, with reference to the 2022 financial year, also conducted its own self-assessment with regard to its functioning and composition. It also issued declarations about the compliance with independence, probity and integrity criteria required by the applicable regulatory and legal framework, and discussed and shared the results of the meeting held on 17 March 2023. On 3 March 2023, the Board of Statutory Auditors issued its end of mandate report containing the Considerations of the Outgoing Board of Statutory Auditors in Consistency with the CNDCEC Rules of Conduct for the Board of Statutory Auditors of Listed Companies of 26 April 2018 . Through the participation of the Chairman and/or a delegate auditor at all the meetings of the Nomination and Remuneration Committee and the Control, Risks and Sustainability Committee, the Board of Statutory Auditors has verified the corporate procedures that led to the definition of the Company s remuneration policies, with particular reference to the criteria for the remuneration and bonuses of the heads of the Control Functions, and of the Officer Responsible for the Preparation of the Company s Financial Statements.

8. Opinions given by the Board of Statutory Auditors during the year (point 9 of Consob Communication No. 1025564/01) On 23 February 2022, the Board of Statutory Auditors, pursuant to the Corporate Governance Code (Article 6, Recommendation 33c), gave its favourable opinion on the approval of the Audit Plan for 2022.

14

The Board of Statutory Auditors also expressed a favourable opinion on (i) the appointment of the financial reporting officer and (ii) the remuneration due to an executive director. Lastly, on 23 February 2023, the Board of Auditors gave its favourable opinion on the Audit Plan for 2023, approved by the Board of Directors on 28 February 2023. 9. Complaints pursuant to Article 2408 of the Italian Civil Code. Any

omissions, reprehensible facts or irregularities found (points 5, 6 and 18 of Consob Communication No. 1025564/01) The Board of Statutory Auditors did not receive any complaints under Article 2408 of the Italian Civil Code during the 2022 financial year nor during the first months of 2023. During the course of the activities performed, and on the basis of the information obtained, no omissions, reprehensible events, irregularities or any other significant circumstances have emerged that would require a mention in this report.

***** Referring to all the considerations made in this Report, the Board of Statutory Auditors, taking into account the specific duties of the External Auditing Firm with regard to the control of accounting and verification of the reliability of the financial statements, has no observations to make to the Shareholders Meeting pursuant to Article 153 of the TUF regarding approval of the Financial Statements for the year ended 31 December 2022, accompanied by the Board of Directors Report, or on the proposed allocation of profits for the year and the distribution of dividends as made by the Board.

***

27 March 2023

BOARD OF STATUTORY AUDITORS

Riccardo Losi

Carolyn Dittmeier

Nadia Fontana