Zegna Results Presentation Deck

GROUP KEY HIGHLIGHTS FY 2022 Revenues¹ €1,493 million +15.5% YOY +11.0% CFX 2,3 Cash Surplus 3 The Group expects a Cash Surplus increase in the second half of 2022 Ermenegildo Ermenegildo Zegna Group Revenue Growth ex-GCR 4 FY 2022 +42% YOY / +38.6% CFX 4Q 2022 +24.7% YoY / +21.1% CFX Adjusted EBIT³ and Profit Group expects a moderate improvement in Adjusted EBIT and a substantial improvement in Profit for FY 2022 1 Throughout this presentation, FY 2022 and 4Q 2022 Revenues are preliminary and unaudited. 2 This presentation includes information about our revenue measures on a constant currency basis, which is a non-IFRS financial measure. See the Non-IFRS Financial Measures section on pages 22 to 23 for a definition of such non-IFRS measures. 3 Adjusted EBIT and Cash Surplus are non-IFRS financial measures. See the Non-IFRS Financial Measures section on pages 22 to 23 for a definition of such non-IFRS measures. 4 Refers to revenues excluding the Greater China Region ("GCR"), which was affected by COVID-related restrictions throughout 2022, particularly from mid-March to the end of May and in 4Q 3

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