Zegna Results Presentation Deck

UPDATE ON ACCOUNTING AND FINANCIAL METRICS PRESENTATION ● ● ● Revenues ● ● P&L Format to change as of 1H 2023 A Statement of Profit and Loss presenting costs by functions (Cost of Sales, SG&A, Marketing) consistent with Zegna management's view and international practice, will replace the previous P&L structure with costs presented by nature (Labour Cost, Services, D&A, ..) The comparative P&L (at June 30, 2022) will be also reclassified and the old P&L structure will no longer be presented No changes in the Balance Sheet ● Introduction of organic growth ● Ermenegildo Zegna Group Things to remember Tom Ford Segment profitability this year to be impacted by PPA from the deal (mainly in relation to inventory and order backlog) Cost of warrant redemption Put options mark to market • Number of shares post warrants redemption 19

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