Zegna Investor Day Presentation Deck

CAPITAL MARKETS DAY Store Productivity^ INDEX 2023E = 100* Last guidance**: +50% in 2025 vs 2021 level, almost achieved in '23E Yearly Revenues / Selling Area (square meters) Boutiques and outlets only (excluding ecommerce, special sales/factory outlets and pop-up stores); ** Announced during May'22 Capital Market Day Source: company information and management estimates Ermenegildo Zegna Group 100 2023E FINANCIALS > 10% CAGR © COPYRIGHT ERMENEGILDO ZEGNA GROUP 2023 Medium-term 05.12.23 139

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