Zegna Investor Presentation Deck

4. Key financials overview ZEGNA GROUP KEY FINANCIALS including Thom Browne 12. months contribution¹ 2018A +11% 1,306 1,271 1-1 11,1731 il Ermenegildo Zegna Group Core revenues (€m) 2019A (23%) 1,005 2020A +20% 2021E-23E CAGR: +11% 1,207 +11% 2021E 1,342 2022E x% Core revenues y-o-y growth (%) +10% 1,476 2023E x% 9% 2018A 262 9% 109¹ II Core Adj. EBIT margin² (%) 112 2019A Core Adj. EBIT (€m) 282 2% 24 2020A 193 9% 111 2021E 264 Core Adj. EBITDA (€m) 11% 2021E-23E CAGR: +25% 142 2022E 312 12% 173 2023E 354 Sources: Company information and Management estimates as of Jun-21 for 2021E-2023E Zegna business plan Notes: See Appendix for important information about Core and other non-IFRS financial metrics 1. Reported figures include 1 month contribution from Thom Browne in 2018, given it was consolidated in Zegna Group financials starting from 30-Nov-18 2. Defined as Core Adj. EBIT / Core revenues CONFIDENTIAL 35

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