MONCLER ANNUAL REPORT AT 31 DECEMBER 2020SEPARATE FINANCIAL STATEMENTS 181180

10.

MOTION TO APPROVE THE FINANCIAL STATEMENTS AND THE ALLOCATION OF THE RESULT FOR THE YEAR ENDED 31 DECEMBER 2020

In conclusion to these explanatory notes, we invite you to approve the Moncler S.p.A. s separate financial statements. We propose to approve the distribution of a gross unit dividend of 0.45 euros per ordinary share, based on the 2020 profit of Moncler S.p.A., which amounts to 173,929,732 euros. The total amount to be distributed as a dividend, taking into account the shares issued at 31 December 2020 (252,766,821), net of treasury shares directly held by the company (5,585,803), is equal to 113.7 million euros1.

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The financial statements, comprised of the income statement, statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and explanatory notes to the financial statements give a true and fair view of the financial position and the results of operations and cash flows and corresponds to the Company s accounting records.

On behalf of the Board of Directors

REMO RUFFINI

CHAIRMAN AND CHIEF EXECUTIVE OFFICER

1. Subject to change due to the possible use of treasury shares for the stock-based compensation and for any capital increase related to the deal with Sportswear Company S.p.A.