Zegna Investor Presentation Deck

INVESTINDUSTRIAL ACQUISITION CORP. OVERVIEW Investindustrial role / since SPAC Role Selected Experience Ermenegildo Zegna Group Advisory Board Antonio Gatti Managing Principal Lugano 2019 Advisor Goldman Sachs Team Overview Investindustrial Acquisition Corp. Leadership Sergio P. Ermotti Chairman UBS Merrill Lynch UniCredit Roberto Ardagna II Managing Principal London 2010 CEO and Director THE CARLYLE GROUP O Investindustrial Overview European leader with strong presence in Southern Europe • Founded in 1990 with backing from an industrial conglomerate, active since the late 20th century (Bonomi family) €11bn of raised fund capital • Consistent performance with 2x+ gross return in each fund • Established regional track record with 67 portfolio companies since inception of which 48 realised and partially realised Global capabilities to support growth and internationalization • Large team: more than 140 professionals including 76 investment professionals across 7 offices and 3 continents • Dedicated business development teams in New York, London and Shanghai to support international expansion strategies Long-term, industrially-driven approach • Complex sourcing of quality companies based on proprietary networks in sectors of expertise • Active support to accelerate growth and profitability through internationalization, industrial repositioning and/or sector-driven build- ups • Deep knowledge of roll-outs and transformational add-ons CONFIDENTIAL 60

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