AUDIT

Systematic and documented assessment (by an independent body) to verify compliance with the requirements of a given law/standard of reference.

CONCESSION

Directly managed mono-brand retail space located on the pre- mises of a department store.

DEPARTMENT STORE

General shop, large- or medium-sized, divided internally into specialist departments.

DOS

Directly Operated Stores, including Free Standing Stores, Tra- vel Retail Stores, Concessions, and Outlets.

EMAS

Voluntary environmental management tool developed by the European Commission for companies and other organizations to evaluate their environmental performance, and to provide the public and other interested parties with information on their environmental management.

EMEA

Europe, Middle East and Africa.

DIRECT EMISSIONS (SCOPE 1)

Air polluting emissions originating from combustion processes involving equipment controlled or owned by the organization.

GLOSSARY

INDIRECT EMISSIONS (SCOPE 2)

Emissions from the generation of purchased electricity con- sumed by the company. Purchased electricity is defined as electricity that is purchased or otherwise brought into the organizational boundary of the company. Scope 2 emissions physically occur at the facility where electricity is generated.

INDIRECT EMISSIONS (SCOPE 3)

Indirect emissions due to the company s activities. This ca- tegory includes sources of emission that are not under the company s direct control, but whose emissions are indirectly caused by its activities. They are divided into 15 categories according to the indications of the GHG Protocol.

FAÇON MANUFACTURER

Third-party supplier carrying out the cut-make-trim (façon) phase of production according to the so-called industrialized method.

FLAGSHIP STORE

Mono-brand retail store that, by size and/or location, conveys the philosophy and image of the Brand.

FREE STANDING STORE

Retail store located directly on a street, i.e., not in a mall or shopping centre.

ISO 14001

Voluntary standard developed by the International Organiza- tion for Standardization (ISO), defining the requirements of environmental management systems.

ISO 45001

Voluntary standard published by the British Standards Insti- tution, defining the requirements of occupational health and safety management systems.

KPI (KEY PERFORMANCE INDICATOR)

Measurable value that monitors the effectiveness of a process.

OUTLET

Retail store that sells products and collections from previous years and seasons at discount prices.

MONO-BRAND STORE

Retail store that exclusively sells clothing, accessories, and products of a specific brand.

MULTI-BRAND STORE

Retail store that sells different brands of clothing, accessories, and products.

RETAIL

Distribution channel for the sale of products or goods mana- ged directly by the Group through Directly Operated Stores (DOS) or its own e-commerce website (www.moncler.com).

SHOP-IN-SHOP

Mono-brand wholesale space located on the premises of a de- partment store.

SHOWROOM

Space used to display and sell an apparel company s products to wholesale clients.

SRI (SOCIALLY RESPONSIBLE INVESTOR)

Financial operator who integrates standard financials with en- vironmental, social, and governance considerations.

STAKEHOLDER

Person or subject with a legitimate interest in the activities of an organization, and who affects or is affected by the organi- zation s decisions.

TRAVEL RETAIL STORE

Point of sale located in places with heavy traffic of potential clients, such as airports and train stations.

WHOLESALE

Distribution channel for the sale of products or goods to di- stributors (industrial, commercial, institutional, and other professional entities), through which the Group sells its pro- ducts. The channel consists of both mono-brand and mul- ti-brand stores.

215CONSOLIDATED NON FINANCIAL STATEMENT 2020214 APPENDIX