49 ReSPOnSIBLe BUSIneSS MAnAGeMenT48 ReSPOnSIBLe BUSIneSS MAnAGeMenT MONCLER GROUP 2023

COMPOSITIOn OF THe BOARd OF dIReCTORS BY GendeR

COMPOSITIOn OF THe BOARd OF dIReCTORS BY AGe

58% Men

42% Women

66% >60

17% 30-50

17% 51-60

SUSTAINABILITY GOVERNANCE In order to further integrate sustainability into its business, the Moncler Group has implemented a governance that involves the in- teraction of various bodies dedicated to supervising and managing social and environmental topics.

The Sustainability Unit is responsible for proposing the Group s sustainability strategy, identifying, promptly reporting to senior management and handling together with the relevant func- tions the risks and impacts linked to sustainability topics, includ- ing those relating to climate change, biodiversity and human rights, as well as for identifying areas and projects for improvement, there- by contributing to the creation of long-term value. It also prepares the Consolidated non-Financial Statement and spreads a culture of sustainability within the Group. Lastly, the Unit promotes dia- logue with stakeholders and, together with the Corporate Affairs and Investor Relations function, promotes dialogue with institution- al investors and stakeholders in general and handles information requests from sustainability rating agencies and socially responsi- ble investors (SRIs).

Ambassadors have been identified within each corporate department; they are tasked with raising awareness of social and environmental issues among the departments in which they op- erate and promoting sustainability initiatives consistent with the Group s objectives. In addition, Sustainability data owners are re- sponsible, each for their respective area, for data and information published in the Consolidated non-Financial Statement and for achieving the objectives set out in the Sustainability Plan.

As further confirmation that sustainability is a shared ap- proach promoted by senior management, a Control, Risks and Sustainability Committee is established at Board level. The Com- mittee is composed of three non-executive directors, the majori- ty of whom are independent. The Committee was entrusted by the Board of directors with supervising sustainability topics, including the related risks and impacts, connected to the conduct of busi- ness activity and the dynamics of its interaction with stakehold- ers, formulating strategic sustainability guidelines and the relevant action plan (Sustainability Plan), including topics such as climate change, biodiversity and human rights, and examining the Consoli- dated non-Financial Statement.

The main sustainability topics analysed are periodically submitted to the Board of directors, after consultation with the Control, Risks and Sustainability Committee, in order to:

assess and approve the guidelines of the internal control and risk management system so that the main risks, including sustainability risks (such as those related to climate change, linked to biodiversity and human rights), are correctly identi- fied, measured, managed and monitored; 

review and approve the strategic sustainability guidelines and related action plan (Sustainability Plan), which includes objectives linked to climate change, the energy transition and the protection of human rights;

review and approve the non-Financial Statement and the materiality analysis;

review and approve the Remuneration Report, which provides for the integration of sustainability objectives into the remu- neration system (both short- and medium-/long-term) and the consequent alignment of top management remuneration with the company s sustainability strategy, which includes targets related to the reduction of greenhouse gas emissions;

in general, overseeing sustainability topics (including those re- lated to climate change, biodiversity and human rights) related to the Group s activity and its interactions with stakeholders.