13 LeTTeR TO STAKeHOLdeRS12 LeTTeR TO STAKeHOLdeRS MONCLER GROUP 2023

every day, at Moncler and Stone Island, we work to continue inte- grating sustainability into our business model. We do it with passion, ingenuity, humility, and the necessary con- creteness. We do it with the sense of urgency that environmental and social challenges require. We are on a transformational journey which requires significant changes in the way we work. This collective, transversal path involves the way we work with- in the company as well as the way we collaborate across the value chain. It s the only way to achieve results on a larger scale. It is thanks to the great contributions of our people that our ambi- tions are transformed into a reality, year after year.

In 2023, more than 25% of yarns and fabrics used in our collections were made from lower impact raw materials when compared with conventional materials, and more than 40% of our nylon came from recycled sources. We only use energy from renewable sources in our locations and stores, and have reduced direct emissions by 50% compared to 2021. At the same time, our commitment to steer the supply chain along the complex but necessary path towards decarbonization re- mains ongoing. On a personal level, I am very pleased that we now offer the chil- dren of employees at our production center in Romania access to a world-class kindergarten offering innovative education in several languages, according to the Reggio Children approach. This is one of the projects I care about the most. Because children, in Bacau and around the world, remind us that the time to build a better future is now.

ReMO RUFFInI CHAIRMAn And CHIeF exeCUTIVe OFFICeR

LETTER TO STAKEHOLDERS