Zegna Investor Presentation Deck

SUMMARY NON-IFRS CORE FINANCIALS (1/2) €m Zegna Segment core revenues Thom Browne Segment revenues Eliminations between Segments Core revenues Core Adj. EBITDA Zegna Segment Core Adj. EBIT Thom Browne Segment Adj. EBIT Core Adj. EBIT Ermenegildo Zegna Group Key income statement items (€m) 2018A¹ 1,153 19 (0) 1,173 262 108 1 109 2019A 1,150 161 (6) 1,306 282 97 16 112 2020A 834 180 (8) 1,005 193 (5) 29 24 2021E 985 230 (8) 1,207 264 80 31 111 2022E 1,082 268 (8) 1,342 312 96 46 142 2023E 1,179 306 (9) 1,476 354 119 55 173 Source: Company information and Management estimates as of Jun-21 for 2021E-2023E Zegna business plan Notes: See Glossary for relevant definitions 1. Reported figures include 1 month contribution from Thom Browne in 2018, given it was consolidated in Zegna Group financials starting 30-Nov-18 CONFIDENTIAL 51

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