69 ReSPOnSIBLe BUSIneSS MAnAGeMenT68 ReSPOnSIBLe BUSIneSS MAnAGeMenT MONCLER GROUP 2023

SUSTAINABILITY PLAN The 2020-2025 Strategic Sustainability Plan confirms the Group s commitment to sustainable development and how environmental and social responsibility are an increasingly integral part of the busi- ness model. The Plan focuses on five strategic priorities: climate change and biodiversity, circular economy, responsible sourcing, valuing diversity and supporting local communities.

ACT On CLIMATe & nATURe Reducing emission. embracing clean energy. Safeguarding biodiversity

THInK CIRCULAR & BOLd designing to last. Using preferred materials. Cutting waste

Be FAIR ensuring trust. Tracing and sourcing responsibly

nURTURe UnIQUeneSS Welcoming everyone. Celebrating diversity everywhere. expressing ourselves always

GIVe BACK Supporting local communities. donating time and value. Sharing warmth

For each strategic priority, the Group has defined a set of com- mitments based on an analysis of the areas where the Group can maximise positive and minimise negative impacts, also taking into consideration the challenges posed by the sector as well as the ex- pectations of the financial community and clients.

The Plan includes Greenhouse gas emissions science-based targets, the commitment to reach net Zero emissions by 2050, as well as the recycling of nylon production fabric scraps at Group sites and supply chain, the use of over 50% of yarns and fabrics from lower-im- pact materials, i.e. those that are recycled, organic, regenerative or certified to specific standards, by 2025. The Sustainability Plan also targets the traceability of raw materials and the continuous improve- ment of social and environmental standards throughout the supply chain through close collaboration with its business partners. More- over, the plan encompasses dedicated internal and external aware- ness-raising initiatives aimed at fostering and enhancing diversity while promoting an ever more inclusive culture, in addition to obtain- ing the equal Pay certification. Moncler Group is further committed to supporting local communities through impactful social projects and to protecting the most vulnerable children and families from the cold. For details of all the targets of the Plan, see the following pages.

a modern work culture, a strong spirit of individual and col- lective initiative, innovation and applied research.

Valore D: an Italian association of large companies committed to supporting and promoting women s leadership and talent as a valuable contribution to business growth (8,000 euros).

By participating in the aforementioned associations and others, the Group commits to support some particularly important topics for the business and the industry, such as industrial and produc- tion topics in the fashion industry (through various associations, the Group provides a contribution of over 103,000 euros) and eSG top- ics in the fashion industry (through various associations the Group provides a contribution of approximately 303,000 euros).

Furthermore, since 2019, Moncler has been a member of The Fashion Pact, a coalition of leading global companies of the fashion and textile industry that, together with suppliers and distributors, are committed to achieving shared goals focused on three main ar- eas: fighting global warming, restoring biodiversity and protecting oceans. Within The Fashion Pact, Moncler was present, during its three-year term, in the Steering Committee, a committee of various CeOs of member brands, aimed at maintaining an open dialogue between company executives and openly sharing ideas, guidelines and progress, and continues to sit on the Operations Committee, the body that identifies the actions, working groups and aware- ness-raising activities to be implemented in order to achieve the priorities set by the Steering Committee.

Relations between the Moncler Group and political parties and their representatives are guided by the highest principles of trans- parency and ethics, as stated in the Codes of ethics of both Brands.

In 2023 the Moncler Group did not make contributions to political parties, lobbying activities or any other activities beyond those with associative purposes. The political commitments and contributions made by the Group s employees are understood to be personal and entirely voluntary.

MOnCLeR In SUPPORT OF ASSOCIATIOnS TO FIGHT AGAInST CLIMATe CHAnGe

The Group is aware of the importance of building partnerships and collabora- tions with academia, civil society, institutions and businesses with the aim of joining forces, creating new synergies and increasing opportunities to fight cli- mate change. In this regard, over the last few years the Group has joined asso- ciations committed on this front, including: The Fashion Pact, a coalition that includes among its main objectives the fight against climate change and that is committed to train and inform, and support its member companies in the pro- cesses of transformation and innovation required to reduce their environmental impacts; Camera Nazionale della Moda Italiana, which is engaged in advocacy activities with all Italian brands to promote a responsible and sustainable fash- ion that is based on, among other things, principles for reducing the environ- mental impact of business activities; Fondazione Altagamma, which promotes reduction of environmental impact among its members; and Re.Crea, a consor- tium founded to responsibly organise the management of textile and fashion products end-of-life and to promote the research and development of innova- tive recycling solutions, also with the purpose of reducing the environmental im- pact of such processes.

By joining these associations in all the countries in which it operates, the Moncler Group takes a position aligned with the principles set out in its environ- mental Policy, which is inspired by the 2015 Paris Agreement, the United nations environment Programme (UneP), the european Green deal, the Global Compact and the objectives described in the Un Sustainable development Goals (SdGs).

The Chief Marketing & Corporate Strategy Officer is responsible for ef- fective application of these principles and periodically updates, together with the Sustainability Unit, the Control, Risks and Sustainability Committee. The Sustainability Unit also has to monitor, on a constant basis, the alignment of the commitments of these associations with those of the Group. Moncler believes this alignment is essential to the collective achievement of the challenging goals that these associations set themselves and is committed to proactively pro- mote its environmental ambitions in the event of any misalignment with the as- sociations of which it is a member may emerge.