169 THInK CIRCULAR & BOLd168 THInK CIRCULAR & BOLd MONCLER GROUP 2023

PACKAGInG In THe e-COMMeRCe CHAnneL

Moncler s e-commerce channel allows a choice of two types of packaging made from preferred materials:

SIGNATURE PACKAGING: products are presented in a reusable Moncler box, tied with a tricolour ribbon.

The external logistics box is made of 100% recycled paper from respon- sibly managed forests

The inner Signature box is made of paper from responsibly managed forests, of which more than 50% is from recycled sources

The inner bags included with down jackets are made from post-consum- er recycled plastic materials

The hangers included with down jackets are made of recycled plastic Last-mile delivery is done through the UPS® carbon neutral service for

the Americas and eMeA Regions, whereas for Korea and Japan Moncler neutralises last-mile emissions through offsetting projects.

MONCLER BORN TO PROTECT PACKAGING: this option uses a reduced number of packaging layers, placing products in light, reusable packaging.

The external logistics box is made of 100% recycled paper from respon- sibly managed forests

The inner bags are made from materials deriving from post-consumer re- cycled plastic

The hangers are made of recycled plastic Last-mile delivery is done through the UPS® carbon neutral service for

the Americas and eMeA Regions, whereas for Korea and Japan Moncler neutralises last-mile emissions through offsetting projects.

SInGLe USe PLASTIC11 The impact of plastic on the environment, especially single-use vir- gin plastic, has become a very important issue for the planet. The Group progressively reduced the use of single-use virgin plastic from fossil origin until its complete phase out in 2023.

To date, 83% of the single-use plastic ordered by the Group consists of recycled plastic, and 17% of compostable and bio- based plastic.

The decision to replace single-use virgin plastic with main- ly recycled plastic stems from a Life Cycle Assessment conducted with Politecnico of Milan to identify the best alternative from an en- vironmental and technical-performance point of view. This analysis showed that recycled plastic reduces CO2 emissions by 35% and water consumption by 60% compared to virgin plastic. In addition to preferring recycled plastics, the weight of many single-use items was reduced by 10%, thus allowing a reduction in unit weight and a decrease in the use of raw materials. See also page 72.

SINGLE USE PLASTIC11 Moncler Group 2023 2022 2021 Plastic (kg) 492,2895 584,404 537,229 Recycled 83%5 97% 87% Bio-based 17% - - Recyclable 100% 100% 100% Compostable 17% - -

11 Includes total single-use plastics ordered in 2023, not just the one used for packaging.

PAPeR12 All the paper and cardboard used by the Group come from respon- sibly managed forests. Given their significant use, these materials are constantly the focus of improvement projects, linked to the re- duction of their use where possible and to the increase in the per- centage of recycled material.

To date, 75% of the Group s paper is made with recycled material.

PAPER12 Moncler Group 2023 2022 2021 Paper (kg) 3,888,5423 3,219,901 2,353,416 Recycled 75% 77% 71% Recyclable 100% 100% 100% Reusable4 26% 20% 16% FSC and PeFC certified 99% 99% >98%

For the Moncler Group, quality has always been, and will continue to be a priority. In the search for excellence, the Group allows no compromises: from the choice of the finest materials to the pre- cise manufacturing of garments, to the selection of the best sup- pliers trained and supported by specialised experts.

PRODUCT QUALITY AND SAFETY Product quality, safety and innovation are a focus of attention for the Moncler Group. Both Moncler and Stone Island thus have strict controls over the entire value chain. each product is designed and manufactured under the direct, close supervision of Group experts. Both Brands manage the creative phase and the development of prototypes internally and use constantly-supervised third-party laboratories to produce finished products, as well as, for Moncler, its production sites in Italy and Romania.

Quality and safety are a priority for the Group right from the garment design and raw material purchase phase. The quality of the down, nylon, cotton and other raw materials used to produce both Brands garments, combined with constant research and experi- mentation, are fundamental to ensure an excellent final product. As a result, the Group carefully selects its suppliers and subjects its materials to both rigorous controls before they go into production and accurate checks on composition, chemical substances and physical-mechanical characteristics, essential to ensure the ex- pected technical performance.

In particular, the Group contractually requires its production partners to operate in full compliance with the most restrictive in- ternational legislations on chemical substances and performance, including the european ReACH regulation13, Chinese GB require- ments14 and Japanese JIS requirements15.

Suppliers are contractually bound to comply with the instruc- tions contained in the Compliance Specifications containing the main compliance requirements of both Brands for their suppliers and sub-suppliers, including dye houses, laundries and embroideries. The Specifications are updated periodically, taking into account in- ternational regulations and voluntary parameters and commitments made by Moncler and Stone Island. It includes the Group s Product Restricted Substances List (PRSL) and Manufacturing Restrict- ed Substances List (MRSL) and, for Moncler, the Manual of Perfor- mances for performance and physical-mechanical requirements.

In particular, the PRSL applies to materials, treatments and products, and includes not only the requirements of the most re- strictive regulations of the producing and selling countries, but also other more stringent voluntary requirements in line with a precau- tionary approach.

The PRSL has been drafted, with the support and verification of consultants and testing and certification companies, taking into account the requirements of the main industry standards (including the American Apparel and Footwear Association AAFA and Cam- era nazionale della Moda Italiana), certification schemes of inde- pendent bodies, and taking into account the peculiarities of both Brands products.

The names of the relevant chemical substances and for- mulations, the Chemical Abstract Service (CAS) registry number, the analysis methods to be used and the reference parameters to comply with are reported. They also indicate the substances and

12 Includes the total paper ordered in 2023, not just the one used for packaging.

13 Registration, evaluation, Authorisation and Restriction of Chemicals. 14 national Standard of the People s Republic of China. 15 Japanese Industrial Standards.

QUALITY AND SAFETY