187 ACT On CLIMATe & nATUReACT On CLIMATe & nATURe186 MONCLER GROUP 2023

ENERGY CONSUMPTION AND SCOPE 1 AND 2 EMISSIONS direct and indirect energy consumption at the Moncler Group s sites is mainly due to production activities in Romania and to the lo- gistics hub in Castel San Giovanni (Piacenza), as well as to facility heating, air conditioning and lighting and the use of IT equipment at the corporate offices and at the Moncler and Stone Island stores.

In 2023, despite an increase in total energy consumption, driven by the expansion of the production site in Romania and the consequent increase in direct production, by a 19% increase in the Group s employees and by the growth of the direct store network, there was a 36% scope 1 and 2 (market-based) emissions reduc- tion compared to 2022 (-50% vs 2021 considering Stone Island consolidated from 1 January 2021), due to a greater use of renew- able energy, more efficient lighting, air conditioning and heating systems and an increase in low environmental impact vehicles in the company fleet. The reduction in scope 1 and 2 CO2e emissions normalised on revenues is even clearer: -64% emissions per million euro of revenues vs 20215.

SCOPE 1 AND SCOPE 2 MARKET - BASED (TONNES OF CO2e)

SCOPE 1 AND 2 DIRECT AND INDIRECT ENERGY CONSUMPTION

MWh Moncler Group 2023 2022 20215 Direct energy consumption 12,702 9,586 10,846 From non-renewable sources: natural gas6 9,192 6,252 6,990 diesel7 1,408 1,547 2,003 Petrol7 2,102 1,787 1,853 Indirect energy consumption 43,639 38,920 33,200 electricity from non-renewable sources 128 4,584 6,504 electricity from renewable sources 43,627 34,336 26,682 of which from certified green energy9 42,977 34,060 26,667 of which self-generated 650 276 15 Total energy consumption 56,341 48,506 44,046 Total energy consumption (GJ) 202,826 174,622 158,567 Total energy consumption (MWh)/number of employees 7.50 7.69 8.33 Total energy consumption (MWh)/revenues (million euro) 18.88 18.64 20.63

2,542

3,991

5,065

2021 2022 2023

5 The 2021 figures include the Moncler Group assuming Stone Island consolidated from January, 1st. See the Appendix for the table includ- ing data relating to Stone Island for the last nine months of 2021, i.e. from the acquisition date.

6 The data include total consumption based on the total cost of natural gas expenses (excluding cases where the data is managed by the host department stores).

7 The data include the consumption and emissions of the car fleet with reference to the global scope in 2023, 2022 and 2021. In 2023, the Group s car fleet was characterised by approximately 85% hybrid and electric vehicles, to which the respective vehicle consumption fac- tors have been applied.

8 The data include electricity consumption related to full-electric vehi- cles of the fleet in line with the GHG Protocol guidelines.

9 The data include green energy certified according to the Renewable energy Certificate (ReC)/Guarantee of Origin (GO)/International Renewable energy Certificate (I-ReC)/non-Fossil Certificates (nFC).

SCOPE 1 AND 2 CO2e EMISSIONS

TONNES OF CO2e Moncler Group 2023 2022 20215 Direct emissions (scope 1) 2,539 2,043 2,332 From non-renewable sources: natural gas6 1,692 1,151 1,288 diesel7 354 390 503 Petrol7 493 415 427 Refrigerant fluids10 - 87 114 Indirect emissions (scope 2)11 Location-based 16,233 13,278 11,114 Market-based 38 1,948 2,733 Total emissions12 Location-based 18,772 15,321 13,447 Market-based 2,542 3,991 5,065 Total emissions/number of employees Location-based 2.50 2.43 2.54 Market-based 0.34 0.63 0.96 Total emissions/revenues (million euro) Location-based 6.29 5.89 6.30 Market-based 0.85 1.53 2.37

INITIATIVES TO REDUCE SCOPE 1 AND 2 CONSUMPTION AND EMISSIONS In order to reduce energy consumption and CO2 emissions, the Moncler Group is implementing various activities at its stores, of- fices, logistics hub and production sites.

The key initiatives implemented are: use of electricity from renewable sources; implementation of energy efficiency activities (Building

Management System BMS, more efficient lighting, air-con- ditioning and heating systems, improvement of the thermal insulation of buildings and promotion of environmental stan- dards for buildings);

adoption of low environmental impact vehicles in the Group s car fleet.

USE OF ELECTRICITY FROM RENEWABLE SOURCES The use of electricity from renewable sources is a strategic tool for the decarbonisation process of the Group s direct activities.

In line with its commitments, in 2023 the Moncler Group pur- chased exclusively electricity from renewable sources for its di- rectly managed corporate sites worldwide.

The Group achieved this result through: installation of photovoltaic panels: at the logistics hub in Ca-

stel San Giovanni (Piacenza), the photovoltaic system con- tributed to the generation of over 590 MWh of energy in 2023. Stone Island also has a photovoltaic system at its Ravarino (Modena) headquarters, which in 2023 contributed to the generation of about 115 MWh of energy;

purchase of electricity from renewable sources: also in 2023 the Group continued to switch conventional energy supply contracts into renewable energy contracts. Where no renew- able energy supply was available from the energy provider, the Group continued to purchase Guarantees of Origin (GOs), Renewable energy Certificates (ReCs) and International Re- newable energy Certificates (I-ReCs).10 For 2022, the data include insignificant dispersion of refrigerant gases for a total amount of 47 kg in the eMeA Region. no refrigerant gas disper-

sions were recorded in 2023. 11 The location-based method reflects the average emissions intensity of the

national grids in which the Group s energy consumption occurs. The mar- ket-based method is based on the specific emissions of the energy suppli- ers from which the Group purchases electricity, or on the factors relating to the reference market. For purchases of electricity from renewable sourc- es, an emission factor of zero is attributed with regard to scope 2. The in- crease in location-based emissions in 2023 is partly due to the fact that the Italian national grid increased its share of non-renewable energy due to water crises, which led to a reduction in the use of hydroelectric energy, a significant source in the Italian energy mix.

12 Calculation of CO2e emissions (including CH4, nO2, HFC, PFC, and SF6 emis- sions, when present) has been carried out in accordance with the GHG Protocol guidelines. The parameters used for the calculation are derived from IeA 2020, 2021 and 2022 (emission factors for electricity), UnI en 16258 and JeC 2020 (fuel emission factors) and the department for environment Food and Rural Affairs (deFRA).