109 nURTURe UnIQUeneSS108 nURTURe UnIQUeneSS MONCLER GROUP 2023

The Moncler Group regards the promotion of health and safe- ty as a key priority of its way of doing business in order to pro- tect employees, clients, contractors and all those who enter its sphere of influence.

The Moncler Group operates in full compliance with the require- ments of specific regulations applicable in the countries in which it operates, with an approach aimed at continuous improvement.

At the Moncler and Stone Island headquarters, a team of specialised personnel (Health and Safety Staff) is responsible, at global level, for ensuring workplaces that are safe and that com- ply with applicable legislation, setting health and safety guidelines, coordinating monitoring efforts and, where necessary, improving safety conditions, supervising the activities of designers and ar- chitects and maintaining relations with the safety representatives of Italian workers.

every employee plays a key role. Spreading a culture of safe- ty and individual responsibility, as well as creating risk awareness, are indeed pivotal to maintaining a safe working environment.

A great deal of attention is also paid to the safety of workers and contractors that work at Group sites. In Italy, all business re- lations with contractors require the signing of a document attest- ing the assessment of risks associated with conducting business at the company (interference risks) and the application of strict pre- vention in activities involving risks.

MANAGEMENT SYSTEM Among the initiatives developed by the two Group brands for the protection and promotion of health and safety in the workplace is the implementation and application of an effective management system in compliance with the highest health and safety standards. In this regard, the Moncler Group s commitment is detailed in the Occupational Health and Safety Management Policy, reviewed and approved by the Group s Board of directors and circulated to all employees worldwide. The Policy sets out the principles and guide- lines to be applied in all the areas of activity and includes:

a dynamic, preventive evaluation of activities, allowing risks to be eliminated at roots and, where this is not possible, to be reduced according to the best available techniques

continuous improvement in all activities with a safety impact by defining and prioritising specific action plans

enhancement of knowledge, competence and awareness of all employees through targeted training and practices.

The Group s health and safety management system is overseen by the Chief Corporate & Supply Officer, who is responsible for its im- plementation. In addition, the Group s Board of directors receives quarterly updates on the management of health and safety issues from the managers in charge.

In 2023, the Group obtained the renewal of ISO 45001 health and safety management system certification at global level for all offices, directly operated stores, logistics hubs and production sites, unifying the two Brands certification.

FROM PREVENTION TO CONTROL The Moncler Group devotes considerable attention and energy to managing occupational health and safety to limit accidents as much as possible.

Although there are no high-risk activities, the Group adopts a preventive approach. Before the opening of a new workplace, whether an office or store, a thorough health and safety risk as- sessment is carried out through specific inspections conducted with the support of specialised experts. existing offices and stores are subject to various periodic compliance checks, through doc- umentary analysis and inspections (verification of working envi- ronments and equipment). If necessary, an improvement plan is formulated, with actions prioritised to address the risks identified and the integration of the action plans with quantified objectives. Progresses made in the mitigation and prevention of health and safety issues and identified risks with regard to the goals of the im- provement plan are periodically assessed and reported internally.

A specific, detailed emergency response plan with measures for preparedness and response to emergency situations is also provided for each Group site.

HEALTH AND SAFETY during 2023, occupational health and safety inspections continued at the Moncler and Stone Island corporate sites in Italy, the logistics hub in Castel San Giovanni (Piacenza) and the production site in Ro- mania. In light of these inspections, carried out by both internal staff and external bodies, specific activities were undertaken to reduce the risks for workers, such as the installation of manipulators at the raw materials warehouse in Ravarino (Modena), in order to reduce manual handling of loads.

All employees of the Moncler Group and service providers most exposed to workplace safety risk, such as security, cleaning, porterage and maintenance companies, are covered by the com- pany health and safety management system, which involves audits conducted by internal functions and external bodies.

In Italy, the Group organises periodic safety meetings, in which representatives of the two Brands participate, along with the company physicians, the officers of the prevention and protection service and workers safety representatives. during the meetings, analyses and results are shared with regard to risk assessment, ac- cident rate, training and the personal protective equipment used.

Lastly, the Group s health and safety management system al- so includes specific procedures for investigating injuries, occupa- tional diseases, illness or accidents at work in order to identify the circumstances and possible causes and, if necessary, plan and pri- oritise actions and initiatives to prevent their recurrence in the future.

In 2023, various activities focused on health and safety preven- tion continued, including: careful management of workspaces, ongo- ing communication and awareness-raising activities, monitoring the correct application of improvement initiatives for employees and for those of the service provider that manages the logistics hub in Cas- tel San Giovanni (Piacenza), and contractual sharing and adoption of high standards of health and safety management, in line with those set out in the Group s Code of ethics and Supplier Code of Conduct, as well as in the relevant legislation, by partners and suppliers.

Moncler s accident rate trend in the three-year period 2021- 2023 is due to the partial operation that characterised many of the company functions with a higher accident risk profile in 2021 due to the effects of the Covid-19 pandemic. In 2022 these functions re- sumed full operation, with accident rate returning to levels similar to pre-pandemic ones.

In 2023 Moncler continued its commitment to monitoring ac- cident rates for the employees of the service provider that manages the logistics hub in Castel San Giovanni (Piacenza), which in 2020 received the SA8000 certification with the aim of ensuring optimal working conditions. The severity rate at the logistics hub was 0.27 in 2021, 0.12 in 2022 and 0.10 in 202318, whereas the frequency rate was 8.41 in 2021, 10.38 in 2022 and 3.66 in 2023. In addition, monitoring was extended to other service providers deemed most at risk of safety for whom no accident was recorded, with a total fre- quency rate for all monitored suppliers of 5.90 in 2021, 7.90 in 2022 and 4.06 in 2023.

No fatal incidents were recorded, either among employees or contractors.

WORKPLACE ACCIDENT INDICATORS Moncler Group 2023 2022 2021 Total Men Women Total Men Women Total Men Women Incidence rate19 2.80 3.05 2.69 3.80 4.57 3.46 2.84 1.86 3.26 Severity rate20 0.06 0.08 0.06 0.14 0.19 0.12 0.06 0.04 0.07 Frequency rate21 1.71 1.91 1.63 2.45 3.07 2.19 1.79 1.22 2.03

Occupational diseases, i.e. diseases caused by a gradual and pro- gressive harmful effect on the worker s body, in a direct causal re- lationship with the work carried out, are monitored by the Group in order to identify the conditions of working environments that may have facilitated them, check for any residual risks and take the nec- essary corrective actions, in order to prevent them from recurring. In addition, in Italy, personnel exposed to specific risk factors con- tinued to undergo periodic health checks through specific health protocols, formulated on the basis of risk, along with any additional specialist visits as needed.

All indicators relating to accident indicators are constantly monitored and assessed. See also pages 236-237.

18 Considering both commuting and workplace accidents, the severity rate was 0.50 in 2021, 0.12 in 2022 and 0.10 in 2023.

19 Incidence rate: (number of workplace accidents/total number of employ- ees) x 1,000.

20 Severity rate: (number of days lost due to workplace accidents/total number of hours worked) x 1,000.

21 Frequency rate: (number of accidents/total number of hours worked) x 1,000,000.