Zegna Investor Presentation Deck

IFRS RECONCILIATIONS (1/6) €m Zegna Segment Core revenues Thom Browne Segment revenues Eliminations between Segments Core revenues Disposition reversal Revenues (IFRS) Ermenegildo Zegna Group Core revenues reconciliation (€m) 2018A 1,153 19 (0) 1,173 10 1,183 2019A 1,150 161 (6) 1,306 16 1,321 2020A 834 180 (8) 1,005 10 1,015 Source: Company information Note: See Glossary for relevant definitions CONFIDENTIAL 53

View entire presentation