An error occured when trying to show the publication. Please check if JavaScript is enabled or try to update your browser.

Moncler Group | Annual Report 2024 Separate Financial Statements 456  | 

8.2 Stock-based compensation plans

The Financial Statements at 31 December 2024 ref lects the values

of the Performance Shares Plan approved in 2020, 2022 and 2024.

The costs related to stock-based compensation plans

are equal to EUR 15,105 thousand in the 2024, compared with

EUR 15,887 thousand in 2023.

On 11 June 2020, the Ordinary Shareholders’ Meeting has

approved, pursuant to Art. 114-bis of the Consolidated

Law on Finance, the adoption of a Stock Grant Plan denominated

“2020 Performance Shares Plan” addressed to Executive

Directors, Key Managers, employees and collaborators, therein

including Moncler’s external consultants and of its subsidiaries.

The object of this plan is the free granting of the Moncler

shares in case certain Performance Targets are achieved at the end

of the vesting period of 3 years

The Performance Targets are expressed based on the following

in

dexes of the Group in the vesting period adjusted by the

conditions of overunder performance i Net Income ii

Free Cash Flow and iii ESG Environmental Social Governance

The proposed maximum number of shares serving

the Plan is equal to n 2000000 resulting from capital increase

andor allocation of treasury shares

The above plan provides for a maximum of 3 cycles

of attribution as regards the f irst attribution cycle on 11 June

2020 the Board of Directors resolved the granting of 1350000

Moncler Rights The second attribution cycle approved during

2021 ended with the assignment of 463425 Moncler Rights

As regards the f irst allocation cycle the plan ended in 2023

and for further information please refer to 2023 Annual Report.

As regards the second allocation cycle:

•The 3-year vesting period ended with the approval

of the Draft Financial Statements as at 31 December 2023.

•The performance targets were met, together with the

over-performance condition. Therefore, n. 469,646 shares

(including n. 78,274 shares deriving from over-performance)

were assigned to the benef iciaries through a share capital

increase (n. 178,281 shares) and the allocation of treasury

shares (n. 291,365 shares).

As at 31 December 2024 there are no rights in circulation; the ef fect

of the closed plans on the income statement in 2024 amounts

to EUR 1.421 thousand.

On

21 April 2022 the Ordinary Shareholders Meeting also

approved pursuant to Art 114bis of the Consolidated Law

on

Finance the adoption of a Stock Grant Plan denominated

2022 Performance Shares Plan addressed to Executive

Directors Key Managers employees and collaborators therein

including Monclers external consultants and of its subsidiaries

The object of this plan is the free granting of the Moncler

shares in case certain Performance Targets are achieved at the end

of the vesting period of 3 years

The Performance Targets are expressed based on the

following indexes of the Group in the vesting period adjusted

by the conditions of overunder performance i Net Income ii

Free Cash Flow and iii ESG Environmental Social Governance

EUR/000 31 December 2024

Revenues Operating

expenses

Financial

expenses

Financial

income

Trade

receivables

Other

current

assets

Trade

payables

Other

payables,

current

Total

f inancial

debt

Total

f inancial

receivables

Total related

parties

489,343(21,237)(21,442)2,465 67,876 14,867(1,199)(49,569)(350,000)104,442

Total f inancial

statement

491,918(166,627)(21,943)438,584 68,844 20,978(30,927)(60,460)(350,455)104,442

Weight %99.5%12.7%97.7%0.6%98.6%70.9%3.9%82.0%99.9%100.0%

EUR/000 31 December 2023

Revenues Operating

expenses

Financial

expenses

Financial

income

Trade

receivables

Other

current

assets

Trade

payables

Other

payables,

current

Total

f inancial

debt

Total

f inancial

receivables

Total related

parties

469,310(23,995)(24,171)682 96,772 42,425(4,317)(9,400)(650,644)53,525

Total f inancial

statement

473,022(178,424)(24,878)700 98,308 43,035(42,479)(21,816)(655,053)53,525

Weight %99.2%13.4%97.2%97.4%98.4%98.6%10.2%43.1%99.3%100.0%

The following tables summarise the weight of related-party

transactions on the f inancial statements as at

and for the years ended 31 December 2024 and 2023:

.,,

.

;,

,

.,

,

,.

,

,.

...

,

,

.

,.

,’

,.-

,

“”

,,,

’.

.

,

/:(),()

()().

.,,.

,,.

,,

....

Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024
Powered by Fluidbook