191 SePARATe FInAnCIAL STATeMenTS190 SePARATe FInAnCIAL STATeMenTS MONCLER GROUP 2023

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 % Industries S.p.A. Trade transactions c 403,713 85.3% 350,291 83.7% Industries S.p.A. Trade transactions b (4,002) 2.2% (3,261) 2.3% Industries S.p.A. Interest income d 578 82.6% 5 100.0% Industries S.p.A. Interest expense a (22,201) 89.2% (3,572) 81.3% Other Group companies Trade transactions b (779) 0.4% (371) 0.3% Other Group companies Interest income d 2 0.3% 0 0.0% Sportswear Company S.p.A. Trade transactions c 65,597 13.9% 64,181 15.3% Sportswear Company S.p.A. Trade transactions b (1,082) 0.6% (4,832) 3.4% Sportswear Company S.p.A. Interest income d 102 14.6% 0 0.0% Sportswear Company S.p.A. Interest expense a (1,970) 7.9% 0 0.0% directors and board of statutory auditors Labour services b (9,100) 5.1% (7,522) 5.3% directors Labour services b (9,032) 5.1% (5,083) 3.6% Total 421,826 389,836

a % calculated based on total financial costs b % calculated on operating costs c % calculated on revenues d % calculated based on total financial income

(Euro/000) Type of relationship Note 31/12/2023 % 31/12/2022 % Industries S.p.A. Trade payables b (2,272) 5.3% (4,323) 8.9% Industries S.p.A. Financial debt a (600,647) 91.7% (445,345) 89.0% Industries S.p.A. Financial receivables f 53,525 100.0% 0 0.0% Industries S.p.A. debt from fiscal consolidation d 0 0.0% (14,036) 34.4% Industries S.p.A. Credit from fiscal consolidation e 3,102 7.2% 0 0.0% Industries S.p.A. Trade receivables c 88,690 90.2% 91,922 80.9% Industries S.p.A. Credit from fiscal consolidation e 32,663 75.9% 24,005 80.4% Sportswear Company S.p.A. Financial receivables f 0 0.0% 0 0.0% Sportswear Company S.p.A. Trade receivables c 8,021 8.2% 19,713 17.4% Sportswear Company S.p.A. Trade payables b (1,417) 3.3% (2,625) 5.4% Sportswear Company S.p.A. Financial debt a (49,997) 7.6% (48,770) 9.7% Sportswear Company S.p.A. Credit from fiscal consolidation e 3,719 8.6% 0 0.0% Sportswear Company S.p.A. debt from fiscal consolidation d 0 0.0% (9,883) 24.2% Sportswear Company S.p.A. debt from VAT consolidation d (113) 0.5% 0 0.0% Sportswear Company S.p.A. Credit from VAT consolidation e 0 0.0% 2,932 9.8% Stone Island Retail S.r.l. Trade receivables c 3 0.0% 1 0.0% Stone Island Retail S.r.l. Financial receivables f 0 0.0% 160 100.0% Stone Island Retail S.r.l. Credit from VAT consolidation e 283 0.7% 0 0.0% Stone Island Retail S.r.l. Credit from fiscal consolidation e 164 0.4% 360 1.2% Stone Island Retail S.r.l. debt from fiscal consolidation d 0 0.0% 216 -0.5% Stone Island distribution S.r.l. Credit from fiscal consolidation e 2,494 5.8% 488 1.6% Stone Island distribution S.r.l. debt from VAT consolidation d (4,084) 18.7% 0 0.0% Other Group companies Trade receivables c 58 0.1% 53 0.0% Other Group companies Trade payables b (628) 1.5% (328) 0.7% directors and board of statutory auditors Other current liabilities d (5,203) 23.8% (3,752) 9.2% Total (471,639) (389,212)

a effect in % based on total financial debt b effect in % based on trade payables c effect in % based on trade receivables d effect in % based on other current liabilities e effect in % based on other current assets f effect in % based on total financial receivables

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

31 DECEMBER 2023

(Euro/000) Revenues Operating Financial Financial Trade Other Trade Other Total Total expenses expenses income receivables current payables payables, financial financial assets current debt receivables Total related parties 469,310 (23,995) (24,171) 682 96,772 42,425 (4,317) (9,400) (650,644) 53,525 Total financial 473,022 (178,424) (24,878) 700 98,308 43,035 (42,479) (21,816) (655,053) 53,525 statement

Weight % 99.2% 13.4% 97.2% 97.4% 98.4% 98.6% 10.2% 43.1% 99.3% 100.0%

31 DECEMBER 2022

(Euro/000) Revenues Operating Financial Financial Trade Other Trade Other Total Total expenses expenses income receivables current payables payables, financial financial assets current debt receivables Total related parties 414,472 (21,069) (3,572) 5 111,689 27,785 (7,276) (27,455) (494,115) 160 Total financial 418,707 (141,225) (4,396) 5 113,599 29,850 (48,413) (40,765) (500,246) 160 statement Weight % 99.0% 14.9% 81.3% 100.0% 98.3% 93.1% 15.0% 67.3% 98.8% 100.0%

8.2 STOCK-BASED COMPENSATION PLANS

The Financial Statements at 31 december 2023 reflects the values of the Performance Shares Plan approved in 2020 and 2022.

The costs related to stock-based compensation plans are equal to eUR 15,887 thousand in the 2023, compared with eUR 10,891 thousand in 2022.

On 11 June 2020, the Ordinary Shareholders Meeting has approved, pursuant to art. 114-bis of the Consolidated Law on Fi- nance, the adoption of a Stock Grant Plan denominated 2020 Performance Shares Plan addressed to executive directors, Key Managers, employees and collaborators, therein including Mon- cler s external consultants and of its subsidiaries.

The object of the Plan is the free granting of the Moncler shares in case certain Performance Targets are achieved at the end of the vesting period of 3 years.

The Performance Targets are expressed base on the follow- ing index of the Group in the Vesting Period, adjusted by the condi- tions of over/under performance: (i) net Income, (ii) Free Cash Flow and (iii) eSG (environmental Social Governance).

The proposed maximum number of shares serving the Plan is equal to n. 2,000,000 resulting from capital increase and/or alloca- tion of treasury shares.

The Plan provides for a maximum of 3 cycles of attribution; as regards the first attribution cycle, on 11 June 2020 the Board of directors resolved the granting of 1,350,000 Moncler Rights. The second attribution cycle, approved during 2021, ended with the as- signment of 463,425 Moncler Rights.

As regards the first allocation cycle: The 3-year vesting period ended with the approval of the

draft Financial Statements as at december 31, 2022. The performance targets were met, together with the over-

performance condition. Therefore, no. 1,312,424 shares (in- cluding no. 218,738 shares deriving from over-performance) were assigned to the beneficiaries through a share capital in- crease (no. 944,833 shares) and the allocation of treasury shares (no. 367,541 shares).

As at 31 december 2023 there are still in circulation 391,368 rights related to the second cycle of attribution. With reference to Moncler S.p.A., as at 31 december 2023 there are still in circulation 230,812 rights related to the second cycle of attribution. The effect on the income statement on the year 2023 amount to eUR 5,459 thousand.

There are no rights in circulation related to the first cycle of attribution, which effect on the income statement in 2023 amounts to euro 650 thousand.

On 21 April 2022, the Ordinary Shareholders Meeting has approved, pursuant to art. 114-bis of the Consolidated Law on Fi- nance, the adoption of a Stock Grant Plan denominated 2022