Moncler Group | Annual Report 2024 484 Moncler Group | Annual Report 2024 485

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MONCLER S.p.A.

Head office at Via Stendhal 47, Milan

Companies Register of Milan registration number and Tax Identification

04642290961

Economic Administrative Index 1763158

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REPORT OF THE BOARD OF STATUTORY AUDITORS

TO THE SHAREHOLDERS’ MEETING

In accordance with Article 153 of Legislative Decree No. 58 of 24 February 1998

Shareholders,

This report, which was prepared in accordance with Article 153 of Legislative

Decree 58/1998 (the “Finance Consolidation Act” or “TUF”) relates to the

activities of the Board of Statutory Auditors (the “Board”) of Moncler S.p.A.

(hereinafter “Moncler” and also the “Company”) for the year ending 31 December

2024.

The Board of Statutory Auditors, in its current composition, was appointed by the

Shareholders' Meeting of 18 April 2023 and will remain in office until the approval

of the financial statements as at 31 December 2025.

During the 2024 financial year, the Board of Statutory Auditors performed its

duties in accordance with the Italian Civil Code, the TUF, the guidelines issued by

Consob in its communication No. 1025564 of 6 April 2001 as amended,

Legislative Decree 39/2010 as amended, the statutory provisions and the

provisions issued by the Supervisory Authorities. It also took into account the

Corporate Governance Code for listed companies published in 2020 by the

Corporate Governance Committee, compliance with which was confirmed by the

Company (the “Code of Corporate Governance”), as well as the rules of conduct

for the board of statutory auditors of listed companies laid down by the Italian

National Council of Accountants and Tax Consultants, most recently updated in

December 2024 (the "Rules of Conduct").

The Board of Statutory Auditors also complied with the regulations applicable to

entities of public interest Article 16 of Legislative Decree 392010 such as

Moncler as a publicly listed company in its capacity as the Committee for

Internal Control and Accounts Auditing by performing additional specific control

and monitoring duties with regard to financial and sustain reporting as provided

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for in Article 19 of Legislative Decree 39/2010 as amended by Legislative Decree

125/2024 enacting Directive 2022/2464/EU (“CSRD”).

The Board of Statutory Auditors now reports on its activities in 2024. The relevant

information is provided below in accordance with the applicable provisions.

1. Activities of the Board of Statutory Auditors during the year ending 31

December 2024 (point 10 of Consob Communication No. 1025564/01)

The Board of Statutory Auditors performed its activities by holding 7 meetings

during the 2024 financial year.

The Board also attended 6 meetings of the Board of Directors, and was present,

either through all of its members or through its chairman and/or another auditor:

 at 4 meetings of the Control, Risks and Sustainability Committee;

 6 meetings of the Nomination and Remuneration Committee;

 at 1 meetings of the Related Parties Committee.

As part of its control activity the Board, among other things:

 oversaw compliance with laws, the company bylaws and industry regulations;

 oversaw compliance with the principles of sound administration;

 oversaw the adequacy of the Company's organisational structure for the aspects

within its capacities, the internal control and administrative-accounting system,

as well as the reliability of the latter in reporting operations accurately;

 oversaw the methods to implement the Corporate Governance Code;

 checked that the criteria and verification procedures used by the Board to assess

the independence requirements for directors have been properly applied;

 checked that the Board of directors’ policy on related-party transactions

conformed to the principles of Consob resolution No. 17221 of 12 March 2010

as amended, and oversaw compliance with the policy;

 oversaw the adoption of remuneration policies that are subject to approval by

the shareholders’ meeting;

Furthermore, the Board of Statutory Auditors:

 met with the Supervisory Body set up in accordance with Legislative Decree

2312001 for the purposes of exchanging information

 held meetings and exchanged information with the supervisory bodies of the

main subsidiaries

 held meetings and obtained information also by attending the meetings of the

Control Risks and Sustainability Committee from the Financial Reporting

Indep 4