Zegna Results Presentation Deck

1H 2022 RESULTS - ZEGNA SEGMENT € million Revenues Adjusted EBIT Adjusted EBIT Margin ● ● ● For the six months ended June 30, Strong revenue growth in Zegna segment, +19% y-o-y Adjusted EBIT at €51.1 million, +31% y-o-y Adjusted EBIT margin of 9.2%, +80bps y-o-y Top line organic growth driving scale effect and positive fixed costs leverage • Positive pricing ● 2022 553.0 51.1 9.2% ● 2021 465.9 39.0 8.4% Higher operating costs Advertising and marketing costs on rebranding activities (One Brand Zegna strategy) Corporate Costs Ermenegildo Zegna Group Increase/(Decrease) 2022 vs 2021 87.1 12.1 Corporate costs are fully reported in Zegna segment Higher headcounts and operating expenses from being a listed company % 18.7% 31.1% 18

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