Zegna Results Presentation Deck

Glossary and Definitions (1) yo y: used to refer to year on year growth rate. All growth rates are at actual currency (2) Growth rates in this presentation are year on year unless specified differently (3) CFX growth: means growth at constant currency. For the description of constant currency calculation, see page X (4) FX: means foreign exchange or currency (5) M: may be used to refer to million (6) d d: means double digit (7) E com: means e commerce (8) DOS: Directly Operated Store (9) DTC: Direct to Consumer or Retail. DTC includes DOSs and direct e-com Ermenegildo Zegna Group (10) 1Q23 or 1Q22: means three months period from January 1, 2023 to March 31, 2023 and three months period from January 1, 2022 to March 31, 2022 (11) 2Q23 or 2Q22: means three months period from April 1, 2023 to June 30, 2023 and from April 1, 2022 to June 30, 2022 (12) 3Q23 or 2Q22: means three months period from July 1, 2023 to September 30, 2023 and from July 1, 2022 to September 30, 2022 (13) 4Q23 or 4Q22: means three months period from October 1, 2023 to December 31, 2023 and from October 1, 2022 to December 31, 2022 (14) 1H23 or 1H 22: means six months period from January 1, 2023 to June 30, 2023 and six months period from January 1, 2022 to June 30, 2022 (15) GCR: refers to Greater China Region. For Zegna's reporting purposes the Greater China Region includes the Chinese mainland, Hong Kong S.A.R., Macau S.A.R. and Taiwan. (16) Americas: Americas include North America and Latin America 34

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