Zegna Results Presentation Deck

FY 2022 PROFITABILITY Profit of €65.3 million in FY 2022, compared to a loss of (€127.7) million in FY 2021, which included the impact of the Business Combination Impacted by higher net financial charges and higher taxes Effective tax rate 35.4% ● ● ● ● ● Adjusted profit of €73.6 million in FY 2022, down 2.2% from €75.3 million in FY 2021, due to financial items and higher net financial charges Adjusted EBIT of €157.7 million in FY 2022, up 5.8% from €149.1 million in 2021 Adjusted EBIT Margin of 10.6% in FY 2022, down 90 bps from 11.5% in FY 2021, as a result of ● ● Step-up in marketing costs for ZEGNA and Thom Browne €11 million increase in corporate costs Further incremental costs in Zegna and Thom Browne segments related to SOX compliance April 6, 2023 11,5% Ermenegildo Zegna Group FY 2021 Adjusted EBIT Margin' Impact of COVID-19 disruptions in the GCR in the second and fourth quarters creating deleveraging in the region and a negative geographical mix effect Partly offset by the significant improvements in other geographies * Please see pages 20 to 32 for Non-IFRS Financial Measures and definition and reconciliation of such non-IFRS measures to the most directly comparable IFRS measures ^ costs linked to the Company becoming a public company in December 2021 GCR Impact Listing-related costs ^ 10,6% Other FY 2022 9

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