Zegna Results Presentation Deck

FY 2022 GUIDANCE RAISED GREATER CHINA Gradual normalization to continue US & EMEA Continue to strongly perform at >30% vs 2021 at Group level KEY ASSUMPTIONS ON 2022 REVENUES RUSSIA/ UKRAINE No further deterioration or geographic extension of the conflict ZEGNA BRANDED PRODUCTS Growing at d-d, with strong FW 22 wholesale orders, a strong SS23 selling campaign, d-d growth in Made-To-Measure THOM BROWNE REVENUES Upgraded from Low-teens to Mid-teens Growth Foreseen at >20% vs 2021 2022 GUIDANCE TEXTILE AND THIRD PARTY BRANDS Good orders (>20% combined vs 2021) Ermenegildo Zegna Group BY GEOGRAPHY BY PRODUCT LINE BY CHANNEL E-COMMERCE Growth rate > 2x vs Group's growth rate OPERATIONS Running at full capacity (good industrial fixed cost absorption) ADJUSTED EBIT From Improvement to Solid Improvement Compared to 2021 27

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