Moncler Group | Annual Report 2024 Board of Directors’ Report 21

1

Section one

Chairman’s letter 23

Group f inancial highlights 24

Corporate bodies 26

Group chart as of 31 December 2024 27

Group structure 28

Moncler Group 30

History 35

Values 39

Group strategy 40

Business model 42

Brand protection 48

Moncler and the f inancial markets 49