In 2020, Moncler s attention to attract, identify

and invest in young talents with a strategical

view to develop the future generation of busi-

ness leaders led to numerous partnerships with

the most important national and international

universities and business schools, as well as

with professional and educational institutions.

Moncler renewed its partnership with the Uni-

versità Cattolica del Sacro Cuore (Milan) for

the master s degree in Luxury Goods Manage-

ment (EMLUX), through which members of

Moncler s management hold courses on om-

nichannel and digital topics, present business

cases, and propose project activities. In 2020

this involved a class of 36 students of 18 dif-

ferent nationalities, who completed a project

on the multi-channel purchasing process to

be presented directly to Moncler management.

Four students were then selected for an intern-

ship so they could continue their experience

within the Group. The partnership will continue

in 2021.

Together with the Ca Foscari University in

Venice, a virtual Meet Up took place in July

2020 with the participation of 70 young stu-

dents and recent graduates.

To access the webinar and interviews with

Moncler s People & Organization function, the

participants had to face a challenge: play the

role of Client Service Advisor, through the pres-

entation of a video explaining their affinities

with Moncler values.

The Strategic Sustainability Plan Moncler Born

to Protect was also the subject matter of pro-

jects with students at various Italian universi-

ties.

Students in the Advanced Marketing Manage-

ment course at LUISS University were involved

in the creation of a marketing strategy and

communications campaign for each of the five

pillars of the Sustainability Plan. The selected

projects were evaluated by the Sustainability

team, which chose the best one for every pil-

lar. In mid-December, the five winning groups

presented their projects directly to Moncler

management.

IED students were also tasked with creating a

marketing strategy and communications plan

with a specific focus on the Warmly Moncler

project, a major component of the circular

economy pillar.

Moncler has continued its long-standing part-

nership with the Bocconi University in Milan,

particularly within the Master programme in

Fashion, Design and Experience of SDA Bocco-

ni School of Management, the undergraduate

course Management of fashion companies, and

the graduate course Value chains and business

models in fashion & luxury. Students in this lat-

ter course developed a competitor analysis of

the fashion industry and the paths followed by

Moncler and its competitors. The groups that

submitted the most thorough, innovative pro-

jects presented them to a jury of Moncler rep-

resentatives during digital meetings.

Again with Bocconi University, Moncler initiat-

ed a digital merchandising research project for

students of the Fashion management course,

with classroom lectures on Moncler Genius

model and the Company s Social Media strat-

egy.

Finally, the Group welcomed some final-year

students of the first undergraduate Digital

Management programme in Italy, offered by

Ca Foscari University in Venice in collabora-

tion with H-Farm.

In Japan the Group strengthened its collabora-

tion with some major universities and business

schools, including the Professional Institute of

International Fashion in Tokyo, Tokyo Seitoku

University, Kyoritsu Women s University in To-

kyo, Temple University in Tokyo, Bunka Fashion

College in Tokyo, and Ueda College of Fashion

in Osaka. These partnerships mostly concerned

fashion retail courses, with the aim of starting

an internship programme at Moncler s most

prominent boutiques. Three virtual internships

were set up at the flagship store in Tokyo s Gin-

za.

The international partnership with Les Roches

International School of Hotel Management in

Crans-Montana, led to hiring a manger in train-

ing at the local flagship store.

In America, the Group collaborates with several

major fashion schools to find potential candi-

dates for Moncler positions, these include: the

LIM College and the Fashion Institute of Tech-

nology in New York. Moncler has also joined the

Handshake community that makes it possible

to get it in contact with thousands of schools

across the United States.

In Europe, career days have been organized

with PSB Paris School of Business, the Institut

Français de la Mode in Paris, EHL, the Glion

Institute of Higher Education, and Les Roch-

es International School of Hotel Management.

At these latter two schools, with the support

of teachers and personnel from Moncler, six

groups of Les Roches students and three

groups of Glion students presented their ideas

for fine-tuning and enriching the Moncler client

experience.

MONCLER AND ITS COLLABORATIONS WITH THE MOST IMPORTANT UNIVERSITIES AND BUSINESS SCHOOLS

TRAINING INVESTMENTS

In 2020, despite the challenges posed by the pandemic, training activities were intensified with more than 530,000 euros invested and over 120,000 hours of training (18% more than in 2019) delivered to more than 4,800 employees, of whom 73% were women.

Teaching went increasingly digital during the year, with a 51% rise in e-learning. Since 2019 the Group has been busy updating and adapting content, training activities, and the makeup of participant groups. This made it possible to in- volve a greater number of employees in training courses (+3% compared with 2019). Of the employees who partici- pated in training activities, 50% were white-collars, followed by workers (29%), professionals (11%), managers (8%), and ex- ecutives and senior executives (2%).

2020 2019 2018

Training expenditure (EUR) 537,856 886,578 712,669

Hours of training (No.) 121,795 103,194 96,383

Employees involved (No.)6 4,830 4,690 3,968

these latter categories 27% of them led to regular employ- ment contracts.

In 2020, despite the COVID-19 pandemic, Moncler con- tinued to organize sessions with the students of its part- ner schools through the greater use of digital platforms. Workshops, business cases, and recruitment sessions were offered on the basis of ad hoc programmes developed for each school.

The main institutions with which Moncler partnered were the Glion Institute of Higher Education, Les Roches International School of Hotel Management (Crans-Montana), Ecole Hotelière de Lausanne, Università Cattolica (Milan), Bocconi University (Milan), Ca Foscari University (Venice), the University of Padua, the Politecnico of Milan, Istituto Secoli and IED (Milan), Domus Academy (Milan), CUOA (Vi- cenza), Istituto Marangoni and NABA (Milan), Milano Fashion Institute, and LUISS (Rome).

TRAINING

Training plays a key role in the development of talent. It is an important tool for enhancing and strengthening individ- ual skills while also disseminating the Company s values and strategy, thus supporting cultural and organizational growth.

6. Refers to all employees, including those who left service during the year, who received at least one training course in 2020.

4%

80%

16%

Professional

Other

Occupational health and safety

TYPE OF TRAINING

8382 CONSOLIDATED NON FINANCIAL STATEMENT 2020NURTURE GENIUS