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13 LETTER TO STAKEHOLDERS

14 THE RESULTS OF OUR EFFORTS

1 MONCLER GROUP 20 VALUES AND PURPOSE

22 GROUP STRATEGY

23 MONCLER GROUP: A HISTORY OF INNOVATION DEEPLY ROOTED IN TRADITION

27 MARKET PRESENCE

28 FINANCIAL PERFORMANCE 28 Results 32 Creating value for stakeholders

2 RESPONSIBLE BUSINESS MANAGEMENT 48 GOVERNANCE MODEL 48 Corporate Governance 52 Sustainability Governance 53 Code of Ethics

57 RISK MANAGEMENT 57 Enterprise Risk Management Model 58 Environmental, social and compliance risks

64 CREATING SUSTAINABLE VALUE 64 Materiality Matrix 66 Dialogue with stakeholders 70 Sustainability Plan

3 NURTURE UNIQUENESS 92 EMPLOYEES IN NUMBERS 93 Geographical areas and professional categories 94 Age, length of service and education level 96 Nationality of local management 96 Employment contracts 97 Turnover

98 MANAGEMENT AND DEVELOPMENT 98 Recruitment 101 Training 107 Remuneration 109 Benefits 109 Development 110 Employee engagement

114 DIVERSITY, EQUITY AND EQUAL OPPORTUNITIES

118 OCCUPATIONAL HEALTH AND SAFETY 118 Management system 118 From prevention to control 119 Training and information 120 Health and wellbeing

121 INDUSTRIAL RELATIONS

4 BE FAIR 136 SUPPLY CHAIN PROFILE 138 Supply Chain Excellence

140 RESPONSIBLE SOURCING 145 Animal welfare and traceability

147 DIALOGUE TO GROW TOGETHER

148 CLIENT EXPERIENCE 2.0 149 Wholesale Excellence 150 Understanding and fulfilling client expectations

152 FIGHT AGAINST COUNTERFEITING

153 TRANSPARENT AND RESPONSIBLE COMMUNICATION 154 Digital strategy

5 THINK CIRCULAR & BOLD 168 STYLE

169 PRODUCT AND INNOVATION 174 Packaging

179 QUALITY AND SAFETY 179 Product quality and safety 181 Down quality

6 ACT ON CLIMATE CHANGE 196 ENVIRONMENTAL POLICY AND MANAGEMENT SYSTEM

196 RESOURCE MANAGEMENT AND CONSUMPTION 196 The Group s commitment to fight climate change 204 Logistics system 207 Waste

7 GIVE BACK 220 SUPPORTING COMMUNITIES 222 Support to scientific research 223 Initiatives for the social and economic development of communities 226 Support to the populations in emergency situations

8 APPENDIX 238 GUIDE TO THE REPORT

240 ADDITIONAL INFORMATION

253 STATEMENT OF ASSURANCE

257 GRI CONTENT INDEX

262 GLOSSARY

264 CONTACTS

CONTENTS 1110 MONCLER GROUP

2021 CONTENTS

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