Zegna Results Presentation Deck

OUTLOOK* By 2025 . ● ● Revenues to exceed €2 billion Adjusted EBIT Margin to reach at least 15% 3Q revenues confirm the Group remains on this trajectory Ermenegildo Zegna Group Assuming no further future escalation of the war in Ukraine, no significant macroeconomic deterioration, no further disruption linked to the COVID-19 pandemic in the Greater China Region or elsewhere, and no other unforeseen events. * Excluding the impact of Tom Ford Fashion business transaction closed on 28 April 2023 18

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