Moncler - Annual Report 2024

Moncler Group | Annual Report 2024 488 Moncler Group | Annual Report 2024 489

pursuant to Article 93 of the TUF.

3. Related-party and intragroup transactions. Atypical and/or unusual

operations (points 2 and 3 of Consob Communication No. 1025564/01)

As required by Consob Regulation 17221/2010 as amended and by Article 2391-

bis of the Italian Civil Code, the Company has a “Related Parties Procedure”,

which was last updated on 14 June 2021 to take into account the changes made to

Consob Regulation 17221/2010 by Consob Deliberation No. 21624 of 10

December 2020 (effective from 1 July 2021).

The Board of Statutory Auditors considers that the procedure meets the

requirements of Consob Regulation 17221/2010 in its current form: during the year

the Board oversaw the Company’s compliance with these procedures.

The Annual Report, which includes the Board of Directors' Report, the

Consolidated Financial Statements and the 2024 Separate Financial Statements of

Moncler, contains information about the income-related and equity effects of

related-party transactions and also describes the main relationships.

In 2024, no operations classified as “major” under the Related Parties Procedure

were brought to the attention of the Related Parties Committee.

No related-party transactions were executed on an urgent basis.

The Board judged as adequate the information given by the Board of Directors in

the 2024 Annual Report of the Company in relation to intragroup and related party

transactions.

As far as the Board of Statutory Auditors is aware, during the financial year 2024

no atypical and/or unusual operations were carried out.

4 Oversight of the adequacy of the organisational structure Organisational

structure of the Company and Group relations with subsidiaries points

12 and 15 of Consob Communication No 102556401

The Board of Statutory Auditors gained knowledge on and oversaw within the

scope of its capacities the adequacy of the Companys organisational structure

through information obtained from the Board of Directors, the Managing Director

and the heads of corporate functions, as well as during meetings with the Boards

of Statutory Auditors of the subsidiaries.

The organisational structure of the Company and of the Group, and the related

developments have been described in detail in the Report on Corporate

Governance and Ownership.

The Company’s organisational structure includes the duties and responsibilities of

the Company’s functions, the hierarchical and functional relations between them,

and the coordination arrangements.

The Board of Statutory Auditors oversaw the overall adequacy of the

organisational structure of the Company and of the Group and also monitored the

process for the setting and granting of authorities.

Within the scope of its supervisory activity, the Board of Statutory Auditors further

met with the Supervisory Body, which was set up pursuant to Legislative Decree

231/2001 and whose task is to oversee the functioning and observance of the 231

Model adopted in accordance with Legislative Decree 39/2010 and of the Code of

Ethics. It also obtained information about the organisational and procedural

activities carried out pursuant to Legislative Decree 231/2001.

The Board oversaw the adequacy of the instructions given by the Company to its

subsidiaries pursuant to Article 114 paragraph 2 TUF, in order to duly obtain the

information required to fulfil the disclosure obligations provided for by law and by

Regulation (EU) No 596/2014.

In addition, in accordance with Article 151 T.U.F., the Board of Statutory Auditors