MONCLER ANNUAL REPORT AT 31 DECEMBER 2020BOARD OF DIRECTORS REPORT 1716

Moncler S.p.A. Parent company which owns the Moncler brand

Industries S.p.A. Sub-holding company, directly involved in the management of foreign companies and distribution channels (retail, wholesale) in Italy and licensee of the Moncler brand

Industries Yield S.r.l. Company that manufactures apparel products

White Tech Sp.zo.o. Company that manages quality control of down

Moncler Belgium S.p.r.l. Company that manages DOS in Belgium

Moncler Denmark ApS Company that manages DOS in Denmark

Moncler Deutschland GmbH Company that manages DOS and promotes goods in Germany and Austria

Moncler España SL Company that manages DOS in Spain

Moncler France S.à.r.l. Company that manages DOS and distributes and promotes goods in France

Moncler Holland B.V. Company that manages DOS in the Netherlands

Moncler Hungary KFT Company that manages DOS in Hungary

Moncler Ireland Limited Company that manages DOS in Ireland

Moncler Istanbul Giyim ve Tekstil Ticaret Ltd. Sti. Company that manages DOS in Turkey

Moncler Kazakhstan LLP Company that manages DOS in Kazakhstan

Moncler Middle East FZ-LLC Holding Company for the Middle East

Moncler Norway AS Company that manages DOS in Norway

Moncler Prague s.r.o. Company that manages DOS in the Czech Republic

Moncler Rus LLC Company that manages DOS in Russia

Moncler Suisse SA Company that manages DOS in Switzerland

Moncler Sylt GmbH Company in liquidation (Germany)

Moncler Sweden AB Company that manages DOS in Sweden

Moncler UAE LLC Company that manages DOS in the United Arab Emirates

Moncler UK Ltd Company that manages DOS in the United Kingdom

Moncler Ukraine LLC Company that manages DOS in Ukraine

Moncler Brasil Comércio de moda e acessòrios Ltda.

Company that manages DOS in Brazil

Moncler Canada Ltd Company that manages DOS in Canada

Moncler Mexico, S. de R.L. de C.V. Company that manages DOS in Mexico

Moncler Mexico Services, S. de R.L. de C.V. Company that provides services to Moncler Mexico, S. de R.L. de C.V.

Moncler USA Inc. Company that promotes and distributes goods in North America

Moncler Asia Pacific Ltd Company that manages DOS in Hong Kong SAR and in Macau

Moncler Australia PTY LTD Company that manages DOS in Australia

Moncler Japan Corporation Company that manages DOS and distributes and promotes goods in Japan

Moncler Korea Inc. Company that manages DOS and distributes and promotes goods in South Korea

Moncler New Zealand Company that will manage DOS in New Zealand

Moncler Shanghai Commercial Co. Ltd Company that manages DOS in China

Moncler Singapore Pte. Limited Company that manages DOS in Singapore

Moncler Taiwan Limited Company that manages DOS in Taiwan

GROUP STRUCTURE

The Consolidated Financial Statements of the Moncler Group as at 31 December 2020 include Moncler S.p.A. (Parent Company), Industries S.p.A., a sub-holding company directly controlled by Moncler S.p.A., and 35 consolidated subsidiaries in which the Parent Company holds indirectly a majority of the voting rights, or over which it exercises control or from which it is able to derive benefits by virtue of its power to govern both on a financial and an operating aspects.