Moncler Group | Annual Report 2024 Board of Directors’ Report 183 Moncler Group | Annual Report 2024 Board of Directors’ Report 182

OpEx:

When calculating the operating expenditures (OpEx) indicator,

the denominator includes all the non-capitalised direct costs related

to research and development, short-term leasing, maintenance

and repair, as well as any other direct expenses connected to the

daily maintenance of property, plant and equipment of the company

or third parties to which such tasks are outsourced, necessary

to ensure the continuous and ef fective functioning of such assets.

Expenses relating to the daily operation of property, plant and

equipment such as raw materials, cost of employees using the

machine, electricity or f luids necessary for the operation of such

assets were not included.

Regarding the numerator, the costs included in the denominator

relating to the purchase of output from eligible and aligned

economic activities according to the Taxonomy and/or relating

to the measures implemented that contribute to the objective

set by the legislation called “climate change mitigation” were

taken into account. In particular, the costs related to maintenance

activities aimed at ensuring the operation of energy systems

for energy ef f iciency and for the reduction of energy consumption

at company premises were included, which are associated with

the economic activity categorised as “7.3 Installation, maintenance

and repair of energy ef f iciency equipment” in Regulation

(EU) 2020/852. The alignment analysis was carried out following

the same process used by the Group for CapEx. The analysis

showed that the share of operating expenses considered “aligned”

is limited and therefore the numerator is considered equal to zero.

Share of CapEx/Total CapEx

Taxonomy-aligned by objective Taxonomy-eligible by objective

CCM 2.3%2.3%

CCA--

WTR--

CE--

PPC--

BIO--