137 COnSOLIdATed FInAnCIAL STATeMenTS136 COnSOLIdATed FInAnCIAL STATeMenTS MONCLER GROUP 2023

during 2023, related-party transactions mainly relate to trading transactions carried out on an arm s length basis with the follow- ing parties:

Yagi Tsusho Ltd, counterparty to the transaction, which led to the establishment of Moncler Japan Ltd., acquires finished products from Moncler Group companies (eUR 138.3 mil- lion in 2023 and 122.3 million in 2022) and then sells them to Moncler Japan Ltd. (eUR 154.4 million in 2023 and 136.6 mil- lion in 2022) pursuant to the contract agreed upon the com- panys establishment.

Gokse Tekstil Kozmetik Sanayi ic ve dis ticaret limited sirketi, company held by the minority shareholder of Moncler Istan- bul Giyim ve Tekstil Ticaret Ltd. Sti, provides services to that company by virtue of the contract signed at the time of in- corporation of the company. Total costs recognised for 2023 amounted to eUR 0.2 million (eUR 0.1 million in 2022).

The company La Rotonda S.r.l., owned by a manager of the Moncler Group, acquires finished products from Industries S.p.A. and provides services to the same. Total revenues rec- ognised for 2023 amounted to eUR 1.4 million (eUR 1.4 mil- lion in 2022) and total costs recognised amounted to eUR 0.2 million (eUR 0.2 million in 2022).

The company Rivetex S.r.l., a company referable to Carlo Rivetti and his family members, rents a building to Moncler Group; in 2023 total costs amounted to eUR 0.5 million (eUR 0.5 million in 2022).

Mr Fabrizio Ruffini, brother of the Chairman of the Board of directors and Chief executive Officer of Moncler S.p.A., pro- vides consultancy services relating to research, develop- ment and quality control for Moncler branded products. Total costs recognised for 2023 amounted to eUR 0.6 million (eUR 0.6 million in 2022).

The company ALS Luxory Logistics S.r.l., is an associated company that provides logistics services; in 2023 the total costs amounted to euro 28.4 million.

The companies Industries S.p.A., Sportswear Company S.p.A., Stone Island Retail S.r.l. and Stone Island distribution S.r.l. adheres to the Parent Company Moncler S.p.A. VAT and fiscal consolidation.

Compensation paid to directors, board of statutory auditors and executives with strategic responsibilities

Compensation paid to the members of the Board of direc- tors in 2023 amounted to eUR 9,635 thousand (eUR 8,052 thou- sand in 2022).

Compensation paid to the members of the Board of Auditors in 2023 amounted to eUR 182.8 thousand (eUR 142 thousand in 2022).

In 2023 total compensation paid to executives with strategic responsibilities amounted to eUR 4,066 thousand (eUR 2,787 thou- sand in 2022).

In 2023 the costs relating to performance share plans (de- scribed in paragraph 10.2) referring to members of the Board of di- rectors and Key management personnel amounted to eUR 15,915 thousand (eUR 13,833 thousand in 2022).

The following tables summarise the afore-mentioned related-party transactions that took place during 2023 and the prior year.

(Euro/000) Type of relationship Note 31/12/2023 % 31/12/2022 % Yagi Tsusho Ltd distribution agreement a 138,251 (20.2)% 122,310 (19.9)% Yagi Tsusho Ltd distribution agreement a (154,384) 22.6% (136,628) 22.2% Gokse Tekstil Kozmetik Sanayi ic ve dis ticaret limited sirketi Service agreement b (161) 0.0% (117) 0.0% La Rotonda S.r.l. Trade transactions c 1,399 0.0% 1,394 0.1% La Rotonda S.r.l. Trade transactions d (151) 0.0% (157) 0.0% Rivetex S.r.l. Trade transactions d (494) 0.0% (480) 0.0% Fabrizio Ruffini Service agreement b (553) 0.2% (554) 0.2% ALS Luxury Logistics S.r.l. Service agreement b (28,391) 8.6% 0 0.0% directors, board of statutory auditors Labour services b (27,795) 8.4% (22,755) 8.0% and executives with strategic responsibilities executives with strategic responsibilities Labour services d (2,003) 0.2% (2,060) 0.3% Total (74,282) (39,047)

a effect in % based on cost of sales b effect in % based on general and administrative expenses c effect in % based on revenues d effect in % based on selling expenses

(Euro/000) Type of relationship Note 31/12/2023 % 31 /12/2022 % Yagi Tsusho Ltd Trade payables a (35,845) 6.7% (22,532) 4.7% Yagi Tsusho Ltd Trade receivables b 4,429 1.4% 20,103 6.8% La Rotonda S.r.l. Trade receivables b 63 0.0% 33 0.0% La Rotonda S.r.l. Trade payables a (37) 0.0% (38) 0.0% Fabrizio Ruffini Trade payables a (137) 0.0% 139 0.0% ALS Luxury Logistics S.r.l. Trade payables a (14,307) 2.7% 0 0.0% directors, board of statutory auditors and Other current liabilities c (7,334) 4.8% (5,105) 4.0% executives with strategic responsibilities Total (53,168)   (7,400)

a effect in % based on trade payables b effect in % based on trade receivables c effect in % based on other current liabilities

The following tables summarise the weight of related-party trans- actions on the Consolidated Financial Statements as at and for the years ended 31 december 2023 and 2022:

31/12/2023 (Euro/000) Revenue Cost of sales Selling expenses General and administrative expenses Total related parties 1,399 (16,133) (2,648) (56,900) Total consolidated 2,984,217 (683,387) (868,062) (331,231) financial statements Weight % 0.0% 2.4% 0.3% 17.2%

31/12/2023 (Euro/000) Trade receivables Trade Payables Other current liabilities Total related parties 4,492 (50,326) (7,334) Total consolidated 325,608 (538,586) (152,912) financial statements Weight % 1.4% 9.3% 4.8%

31/12/2022 (Euro/000)  Revenue Cost of sales Selling expenses General and administrative expenses Total related parties 1,394 (14,318) (2,697) (23,426) Total consolidated financial statements 2,602,890 (615,047) (757,393) (283,967) Weight % 0.1% 2.3% 0.4% 8.2%

31/12/2022 (Euro/000)  Trade receivables Trade Payables Other current liabilities   Total related parties 20,136 (22,431) (5,105) Total consolidated 296,550 (482,425) (128,363) financial statements Weight % 6.8% 4.6% 4.0%