27 BOARd OF dIReCTORS RePORT26 BOARd OF dIReCTORS RePORT MONCLER GROUP 2023

HISTORY STONE ISLAND BRAND

2020 STOne ISLAnd JOInS THe MOnCLeR GROUP In december, Stone Island announced its entry into the Moncler Group.

2022 THe 40TH AnnIVeRSARY Stone Island celebrated its 40th anniversary with dedicated product launches and an iconic installation in Miami, followed by events that involved all the main communities of the brand.

2023 ROBeRT TRIeFUS APPOInTed CeO OF STOne ISLAnd Robert Triefus was appointed Chief executive Officer of Stone Island. Under his leadership, the brand started a new chapter in its evolution to drive worldwide resonance and strengthen its unique positioning.

HISTORY STONE ISLAND BRAND

1982 THe ORIGInS The first collection of Stone Island was born from the creative mind of Massimo Osti, inspired by the military uniforms and realised with Tela Stella a fabric that recalls the waxed jackets corroded by the sea and by the sun resulted from the study of a rigid, full-bodied, two-sided and two-tone truck tarpaulin which underwent a heavy stone wash procedure. To this, a Badge a fabric label showing the Stone Island Wind Rose was applied.

1983 GFT ACQUIReS 50% OF STOne ISLAnd GFT, Gruppo Finanziario Tessile an Italian company controlled by the Rivetti family acquired 50% of the Stone Island brand. These are the years of the foundation and consolidation of the brand s aesthetics characterised by the extreme research on textile, fabric treatment, and garment dyeing techniques.

1993 THe RIVeTTI FAMILY TOOK FULL COnTROL Carlo Rivetti, together with his sister Cristina, took full control of the Stone Island brand, through Sportswear Company S.p.A. In 1996 Paul Harvey was appointed as the brand s designer.

2005 THe JUnIOR COLLeCTIOn Stone Island Junior a collection created for children and teenag- ers between 2 and 14 years old was launched.

2008 THe exPAnSIOn Carlo Rivetti took over the Creative direction. The e-commerce platform stoneisland.com was launched, accessible from about 45 countries. The company also released the Stone Island Shad- ow Project an exploration platform for a new generation of urban menswear that represents the continuous investigation of new aes- thetic-functional codes.

2017 TeMASeK Temasek, an investment company based in Singapore, acquired from the Rivetti family 30% of Sportswear Company S.p.A., the company owning the Stone Island brand.