29 bOaRD OF DIREcTORS REPORT28 MONCLER GROUP 2022bOaRD OF DIREcTORS REPORT

MONcLER bRaND Moncler is by its nature an ever-evolving brand, pushing towards reinvention and continuous development. Over time, its values have been taking on new meanings while always remaining true to the brand identity.

Moncler has a very strong corporate culture and uniqueness characterised by its ability to unleash the extraordinary that is hid- den in each one of us.

It is a uniqueness based on the commitment to set increas- ingly challenging goals, on the willingness to celebrate everyone s talent, on the awareness that every action has an impact on our so- ciety and our environment, on the capacity to create warmth in ev- ery relationship and on the strive for timeless brand distinction.

PUSH FOR HIGHER PEaKS We constantly strive for better, as individuals and as a team. Inspired by our continuous pursuit of excellence. We are always learning and committed to set new standards. We are never fully satisfied.

ONE HOUSE, aLL VOIcES We love to bring all voices in, letting everyone s talent shine. We celebrate all perspectives, leverage our multiplicity and speak to every generation by letting all voices sing. We play a beautiful harmony.

EMbRacE cRaZY We strive for timeless brand distinction. We are unconventional and unique. We foster our inner genius and our creative edge. We bring bold dreams, crazy and apparently unreachable ideas to life, always with great rigor. We feed our energy as we believe that everything truly great was often born crazy.

bE WaRM We were born to keep people warm. We are an emotional brand. We bring the warmth of human connections into everything we do, from the things we make, to the relationships we build. We celebrate everyone s achievements, big and small, with empathy and trust.

cREaTE aND PROTEcT TOMORROW We believe in a positive, brighter and better tomorrow. We are agents of real and meaningful change. We rise to and act on the social and environmental challenges the world and its societies are facing.

THE PURPOSE OF MONcLER IS TO UNLEaSH THE EXTRaORDINaRY IN EVERYbODY

VaLUES STONE ISLaND bRaND Stone Island is Lab & LIFE together. It is continuous research, iden- tity, community. Stone Island is a transversal and authentic brand, that has its foundations in the product.

Lab LIFE cULTURE Lab is the constant, deep and boundless research into the transformation and enhancement of fibres and fabrics, which leads to the discovery of new materials and production techniques that have never been previously used in the clothing industry. LIFE is the lived experience, the identity, the perceived status of anyone who wears Stone Island. It s the strong and recognisable aesthetic that originates from the study of uniforms and working clothes, recreated with new needs in mind, to define a project where the function of the garment is never just aesthetic. This is the Stone Island culture, where everyone lives on constant and continuous research, and believes in functionality as an expression of unique and inimitable beauty.

ENDLESS PaSSION FOR ENDLESS KNOW-HOW Endless passion and endless know-how in design and in product have always been the basis of the Stone Island brand and the founding principles for all stakeholders of the brand. The product-centred ethos spreads through both the Stone Island collection and all those living the brand, every day, inside and outside of the company.