Zegna Results Presentation Deck

1H 2022 GROUP REVENUES BY CHANNEL GCR Retail Skew Impact, all other markets strong DTC +13% in 1H 2022, 2Q at +4%: GCR rebound from June ● ● ● Zegna DTC almost in line with Jun-21 despite traffic limitations still in place, due to strong e- commerce DTC Zegna branded products +14% in 1H 2022 (+6% in 2Q) Solid start to Q3 Thom Browne DTC up by double digits from June 2021, with 3 openings and e-commerce US (2x vs 1H 21), EMEA (2x in Western Europe, strong UAE), LatAm and rest of APAC offset GCR DTC Thom Browne +9% in 1H 2022, -2.4% in 2Q ● US, EMEA and Japan up by high double digits Wholesale +37% in 1H 2022 and +45% in 2Q ● Zegna branded products +9% in 1H despite suspension of shipments to Russia from March B2B strong with Textile and Third-Party Brands Thom Browne strength: +46% in 1H, +89% in 2Q (Euro thousands in Actual FX) Revenues - DTC Zegna branded products DTC Thom Browne Total Direct to Consumer (DTC) - Wholesale Zegna branded products - Wholesale Thom Browne - Wholesale Third Party Brands and Textile Wholesale Agnona Total Wholesale Other 1Q 2022 41% 1Q 2021 377,579 301,194 183,909 149,228 +23.2% 34,181 27,947 +22.3% 218,090 177,175 +23.1% 40,070 34,255 +17.0% 63,756 52,276 +22.0% 54,646 33,936 25 139 (82.0%) 158,497 120,606 +31.4% 992 3,413 (70.9%) 1H22 0.3% A% vs 1Q 2021 - DTC Wholesale - Other 59% +25.4% Revenues breakdown by Channel +61.0% Ermenegildo Zegna Group 2Q 2022 2Q 2021 4% vs 20 2021 1H 2022 1H 2021 351,414 302,146 +16.3% 728,993 603,340 177,941 168,586 +5.5% 361,850 317,814 +13.9% 31,993 32,787 (2.4%) 66,174 60,734 +9.0% 209,934 201,373 +4.3% 428,024 378,548 +13.1% 23,332 24,113 (3.2%) 63,402 58,368 +8.6% 55,236 29,209 +89.1% 118,992 81,485 +46.0% 61,663 43,443 +41.9% 116,309 77,379 10 184 (94.6%) 35 323 140,241 96,949 +44.7% 298,738 217,555 1,239 3,824 (67.6%) 2,231 7,237 36% 1H21 1% 63% A% vs 1H 2021 - DTC Wholesale - Other +20.8% +50.3% (89.2%) +37.3% (69.2%) Zegna branded products include apparel, bags, shoes and small and large leather goods, as well as 15 licensed goods and royalties

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