Zegna Results Presentation Deck

1H 2023 AND 2Q 2023 REVENUES BY PRODUCT LINE Zegna-Branded Products: +27.3% YoY in 1H 2023, +33.9% YoY in 2Q 2023 Sequential acceleration: in 1H, +28.4% in cFX and organic growth, and up +37.0% in cFX and organic growth in 2Q 2023. Made-to-Measure, together with sneakers and luxury leisurewear, driving growth. ● Ermenegildo Zegna Group Thom Browne: +11.8% YoY in 1H 2023, +8.2% YoY in 2Q 2023 Growth across all product categories, with womenswear outperforming men's, and kid's products also being dynamic. Impact on wholesale deliveries of shift of South Korean business from wholesale to retail. Textile: +6% YoY in 1H 2023, flat YoY in 2Q 2023 1H growth due to positive performance from all businesses. ● Third-Party Brands: -67.3% YoY in 1H 2023, -71.4% YoY in 2Q 2023 1H and 2Q declines reflect the end of the prior Tom Ford International distribution license agreement and the sales to TFF shifting from third-party distribution to intercompany supply. Excluding the impact of Tom Ford Products¹, Third-Party Brand revenues organic growth was -4.4% in 1H 2023. ¹ As previously disclosed, the licensing agreement for the production and worldwide distribution of luxury men's ready-to-wear and made-to-measure clothing, footwear, and accessories under the TOM FORD brand expired with the deliveries of the Fall/Winter 2022 collection, and a supply agreement to act as the exclusive supplier for certain Tom Ford menswear products commenced starting with the Spring/Summer 2023 collection. 13

View entire presentation