Zegna SPAC Presentation Deck

4. Key financials overview ZEGNA GROUP CORE REVENUES EVOLUTION BY PRODUCT CATEGORY (€m) Textile Strategic Alliances 206 Zegna Branded Products¹ 921 1,306 97 110 161 28 351 129 413 2019A 18 151 811- Zegna Luxury Leisurewear Ermenegildo Zegna Group growth mostly driven by knitwear, outerwear, jersey, "new jackets" and "new trousers" 1,207 75 76 230 19 249 120 423 2021E 15 I I 95 growth mostly driven by sneakers 12 45 Zegna Leather Accessories €94m including intercompany Textile sales to the Zegna and Thom Browne brands Zegna Luxury Zegna Leather Leisurewear Accessories Zegna Formalwear +3.1% CAGR Zegna Formalwear Zegna Branded Products¹ 1 J 9 Other Zegna Branded Products ² Other Zegna Branded Products² I I 1 76 growth mostly driven by further DTC, womenswear and accessories expansion Thom Browne Thom Browne 28 Textile & Strategic Alliances 4 Textile & Strategic Alliances Textile Strategic Alliances 180 972 Other minor 3 1,476 54 126 306 27 261 165 518 2023E Other minor³ CAGR 2019A-23E 19 (14%) +4% +17% (0%) (7%) +6% +6% Sources: Company information and estimates. Notes: See Appendix for important information about Core and other non-IFRS financial metrics. 1. Zegna Branded Products include apparel, bags, shoes and small and large leather goods, as well as licensed goods and royalties 2. Includes licensed goods, royalties and other Zegna products 3. Includes eliminations for transactions between Zegna Segment and Thom Browne Segment, and other minor business belonging to the Zegna Segment CONFIDENTIAL 37

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