Zegna SPAC Presentation Deck

4. Key financials overview FOCUS ON THOM BROWNE SEGMENT KEY FINANCIALS including Thom Browne 12 months contribution² 117 NEW YORK NEW YORKA 19 2018A THOM BROWNE. TO VINS +37% ¹ 161 2019A Revenues (€m) x% +12% 180 +28% 2021E-23E CAGR: +15% 230 2020A 2021E +17% Revenues y-o-y growth 268 2022E +14% 306 2023E n.m. Thom Browne consolidated since 30-Nov-18. n.m.² 14% 22 2018A 2019A Adj. EBIT (€m) 15% x% 27 14% 2021E-23E CAGR: +32% 31 2020A 2021E 17% Adj. EBIT margin³ 46 2022E 18% 55 2023E Sources: Company information and estimates Notes: See Appendix for important information about Core and other non-IFRS financial metrics 1. Y-o-y growth on full 12 months 2018A Thom Browne contribution 2. Reported figures include 1 month contribution from Thom Browne in 2018, given it was consolidated in Zegna Group financials starting 30-Nov-18; EBIT 1-month contribution for 2018 of €4m 3. Defined as Adj. EBIT / Revenues CONFIDENTIAL 41

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