Zegna Investor Day Presentation Deck

CAPITAL MARKETS DAY Adjusted EBIT outlook EURO MILLION, EXCEPT % ADJUSTED EBIT MARGIN AND CAGR 157.7 Ermenegildo Zegna Group 10.6% 2022A * Mainly related to inventory Source: company information and management estimates 2023E Tom Ford Fashion (ca. 8 months) will be impacted by one-off Purchase Price Allocation (PPA) charg (expected in 15/16M€*) FINANCIALS increase ca. 20% CAGR >15% 2025E • Adjusted EBIT Margin: to reach at least 15% excluding Tom Ford Fashion in 2025... ... guidance confirmed © COPYRIGHT ERMENEGILDO ZEGNA GROUP 2023 Medium-term Group Adjusted EBIT Margin Group excluding Tom Ford Fashion 05.12.23 141

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