Zegna Results Presentation Deck

Glossary and Definitions (1) y-o-y: used to refer to year-on-year growth rate. All growth rates are at actual currency (2) Growth rates in this presentation are year-on-year unless specified differently (3) FX: means foreign exchange or currency (4) M: may be used to refer to million (5) d-d: means double-digit (6) E-com: means e-commerce (7) DOS: Directly Operated Store (8) DTC: Direct to Consumer or Retail. DTC includes DOSs and direct E-Commerce Ermenegildo Ermenegildo Zegna Group (9) 1Q22 or 1Q21: means three months period to March 31, 2022 and three months period to March 31, 2021 (10) 2Q22 or 2Q21: means three months period from April 1, 2022 to June 30, 2022 and from April 1, 2021 to June 30, 2021 (11) 3Q22 or 3Q 21: means three months period from July 1, 2022 to September 30, 2022 and three months period from July 1, 2021 to September 30, 2021 (12) 1H22 or 1H 21: means six months period from January 1, 2022 to June 30, 2022 and six months period from January 1, 2021 to june 30, 2021 (13) GCR: refers to Greater China Region. For Zegna's reporting purposes the Greater China Region includes the Chinese mainland, Hong Kong S.A.R., Macau S.A.R. and Taiwan 24

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