The majority of employees attended general workplace safety training programme in compliance with the law. For those at the company who occupy positions of responsibility and coordina- tion, additional training has been provided, to improve monitoring and ensure that worker s behaviours are in line with the law and company regulations on occupational health and safety.

As the Covid-19 health emergency continued, in 2021 the COVID-19 Online Training course also continued to be provided to the entire corporate population in Italy to inform and train em- ployees on the health and safety measures described in the An- ti-Covid Protocol formulated by Moncler and also adopted in 2021 by Stone Island.

In addition, a health and safety course with specific content for store employees continued to be provided to all Group stores subject to certification.

HEALTH AND WELLBEING The Moncler Group s commitment to the promotion and protec- tion of the health of its employees extends beyond the limits of its business activities and occupational risks. This is the mean- ing and purpose of the various initiatives on training and preven- tion information organised during the year. With this regard, the awareness-raising meetings held in collaboration with the Um- berto Veronesi Foundation were resumed in 2021. In particu- lar, in occasion of the World No Tobacco Day in May, employees were invited to participate in a livestream on the private Instagram channel monclertogether. The livestream, held by a science com- municator of the Umberto Veronesi Foundation and moderated by a Moncler employee, was aimed at raising awareness of smok- ing-related health risks with insights on e-cigarettes and useful tips to try to quit smoking. In September employees were invited to watch another livestream on Moncler s private Instagram chan- nel held by the Director of the Epidemiological Unit at the Biomed- ical University Campus in Rome to share relevant scientific data and information related to Covid vaccines and answer all ques- tions on the subject.

In addition to these efforts and the measures taken since the beginning of the Covid-19 emergency, the Moncler Group is committed to establishing agreements with local clinics to en- sure that employees have access to the best medical centres at the most advantageous rates. In addition, the Group is member of a supplementary healthcare fund for workers in the Italian fash- ion industry, which provides services supplementary to those of Italy s National Health System. During the year, 931 employees signed up with the Fund. See also page 109.

In 2021, the traditional company welfare initiatives re- sumed at the production facility in Romania. Moncler has always put in place various activities to promote the health and well-be- ing of employees in Romania: from offering annual blood tests di- rectly on site, to conducting free eye tests, to helping to purchase glasses. The evaluation on the workstations ergonomics in the ironing department, required to formulate improvement plans to reduce staff fatigue and maximise productivity, was extended to the sewing department during the year. Lastly, new LED lighting systems, which are more environmentally efficient and contribute to improve working conditions, continued to be installed.

Another issue that Moncler and Stone Island regular- ly monitor is noise in workplaces, which can cause a number of health problems for workers. In particular, at all corporate offices and the production site in Romania, noise measurements are car- ried out annually to check compliance with the permitted limits in each area.

Air quality, temperature and humidity can also cause un- comfortable situations in the workplace, affecting both physical health and the psychological wellbeing of workers. Specifically, the Moncler Group, in order to ensure proper workplace ventilation at the corporate offices in Trebaseleghe and in Romania as well as at the Stone Island office in Ravarino (Modena), where there are various micro-climates due to different processing phases, continued to carry out efficiency upgrades projects by install- ing latest-generation ventilation systems, which are periodically checked. In addition, at the logistics hub in Castel San Giovanni (Piacenza), two temperature monitoring systems were installed in 2018 to check internal heat levels and assess its adequacy, in re-

lation to the specific activities carried out and in function of the external temperatures. In 2021 several areas of the production fa- cility in Romania have been equipped with evacuation systems.

MONCLER AND ITS NEW HEADQUARTERS: EXPERIENCE, WELLBEING AND SUSTAINABILITY AT THE CORE

In 2021 Moncler, in collaboration with Covivio, announced the construction of a building that, from the end of 2024, will host its new headquarters.

The structure will bring together, in a building of 38,000 m², the Milan-based em- ployees of the Moncler brand, with the aim of reshaping the employees working expe- rience. At the new headquarter flexible working conditions will continue to be offered but with the goal of creating a place where energy, wellbeing, and attention to the envi- ronment are at the heart of everything.

Some key elements of the new headquarters will be: experience, wellbeing and sustainability.

The working areas will be conceived according to the new ways of working, adapt- ing to the individual and company new needs, and moving from traditional spaces to hybrid and aggregative environments.

The interior spaces will be designed to accommodate heterogeneous and inclusive working groups, and to encourage transversal collaboration, as well as propose widespread common areas to facilitate socialisation and creativity. The environments will be open and the furniture inspired by a family-like atmosphere.

The building will be designed according to the highest standards of environmental sustainability and wellbeing, considering aspects such as indoor air quality, thermal comfort, natural light, preferring the use of natural and recyclable materials with low en- vironmental impact, as well as highly energy-efficient systems, such as solar panels, to limit consumption and therefore emissions. In addition, it will be certified according to WELL and LEED standards.

3.5 INDUSTRIAL RELATIONS

The Moncler Group acknowledges and respects the right of its employees to be represented by trade unions and maintains relations with these representatives based on mutual recognition, dialogue and cooperation.

Trade union relations and negotiations are managed according to the highest principles of transparency and integrity and in strict compliance with applicable laws.

All employees in Italy, Romania, France, Belgium, Austria, Netherlands, Spain, Brazil and Russia, accounting for more than 57% of the global workforce, are covered by collective bargaining agreements.

The Moncler Group bases its policy of industrial relations on constructive dialogue, which aims at involving employee rep- resentatives and maintaining a good working environment. The search for shared solutions translates into a total absence of conflict.

Due to the collaborative environment established over the years, in 2021, no strikes or trade union protests by workers em- ployed by Group companies were registered. Moreover, there were no reported cases in which the freedoms of association and collective bargaining were violated or found to be at risk.

During 2021 Moncler continued to hold periodic meetings with trade union representatives, mainly concerning the manage- ment of the Covid-19 pandemic, as well as the health, organisa- tional, procedural and training measures that the Company has implemented. Moreover, after a thorough and constructive dis- cussion, the second-level supplementary agreement was revised and renewed, introducing significant benefits in support of par-

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