MONCLER ANNUAL REPORT AT 31 DECEMBER 2020CONSOLIDATED FINANCIAL STATEMENTS 8180

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Consolidated statement of changes in equity (Euro/000)

Other comprehensive Other reserves

Result of the period, Group

share Equity, Group

share

Equity, non controlling

interest

Total consolidated

Net EquityNotes Share

capital Share

premium Legal

reserve

Cumulative translation adj. reserve

Other OCI items

IFRS 2 reserve

FTA reserve

Retained earnings

Group shareholders' equity at 1 January 2019 5.16 51,164 171,594 10,300 (6,071) (3,239) 77,227 (23,434) 435,437 332,395 1,045,373 69 1,045,442

Allocation of Last Year Result 0 0 0 0 0 0 0 332,395 (332,395) 0 0 0

Changes in consolidation area 0 0 0 0 0 0 0 0 0 0 0 0

Dividends 0 0 0 0 0 0 0 (101,708) 0 (101,708) 0 (101,708)

Share capital increase 432 678 0 0 0 0 0 (424) 0 686 0 686

Other movements in Equity 0 0 0 0 0 (40,003) 0 38,530 0 (1,473) 0 (1,473)

Other changes of comprehensive income 0 0 0 3,195 1,530 0 0 0 0 4,725 1 4,726

Result of the period 0 0 0 0 0 0 0 0 358,685 358,685 10 358,695

Group shareholders' equity at 31 December 2019 5.16 51,596 172,272 10,300 (2,876) (1,709) 37,224 (23,434) 704,230 358,685 1,306,288 80 1,306,368

Group shareholders' equity at 1 January 2020 5.16 51,596 172,272 10,300 (2,876) (1,709) 37,224 (23,434) 704,230 358,685 1,306,288 80 1,306,368

Allocation of Last Year Result 0 0 19 0 0 0 0 358,666 (358,685) 0 0 0

Changes in consolidation area 0 0 0 0 0 0 0 0 0 0 0 0

Dividends 0 0 0 0 0 0 0 0 0 0 0 0

Share capital increase 75 1,102 0 0 0 0 0 (61) 0 1,116 0 1,116

Other movements in Equity 0 0 0 0 0 21,226 0 10,601 0 31,827 0 31,827

Other changes of comprehensive income 0 0 0 (15,307) 2,773 0 0 0 0 (12,534) (6) (12,540)

Result of the period 0 0 0 0 0 0 0 0 300,351 300,351 15 300,366

Group shareholders' equity at 31 December 2020 5.16 51,671 173,374 10,319 (18,183) 1,064 58,450 (23,434) 1,073,436 300,351 1,627,048 89 1,627,137