Ermenegildo Zegna N.v. · NYSE:ZGN
Ermenegildo Zegna — ESG Presentation (April 2026)
31 slides from Ermenegildo Zegna's sustainability presentation, April 2026
Slide 1: Pioneers in ESG
CUSTODIAN OF AUTHENTICITY Pioneers in ESG April 2026 1
Slide 2: Disclaimer
Disclaimer Non-IFRS Financial Measures The Group’s management monitors and evaluates operating and financial performance using several non-IFRS financial measures including: adjusted earnings before interest and taxes (“Adjusted EBIT”), Adjusted EBIT Margin, Net Financial Indebtedness/(Cash Surplus)
Slide 3: Index
INDEX 1. OVERVIEW 2. PRODUCT 3. PLANET 4. PEOPLE 5. GOVERNANCE 3
Slide 4: 1. Overview
1. OVERVIEW 4
Slide 5: Our Group at a Glance
OUR GROUP AT A GLANCE €1.2bn revenues Revenues1 breakdown and Adjusted EBIT Margin #282 DOS €m,% Organic growth2 1,947 1,917 +1% 16 16 +1% Other3 138 134 -3% Textile 315 317 +3% TOM FORD FASHION 315 268 -12% Thom Browne €268m revenues +5% ZEGNA brand #123 DOS 1,164 1,182 FY 2024 FY 2025 €317m revenu
Slide 6: Our ESG Strategy for Long-Term Sustainable Growth
OUR ESG STRATEGY FOR A LONG-TERM SUSTAINABLE GROWTH PRODUCT PLANET Responsible Supply Chain Water footprint Sustainable Raw Materials GHG Emissions reduction actions and initiatives Product traceability system Renewable energy Reforestation and forest protection activities PEOPLE GOVERNANCE Develop
Slide 7: Material Topics Driving Our ESG Strategic Path
MATERIAL TOPICS DRIVING OUR ESG STRATEGIC PATH We have identified 9 material topics to contribute to the four pillars of the ESG Strategy Product Planet People Governance Climate Change Pollution and Ecosystem Damage Resource Use & Biodiversity Human & Labor Rights Education & Training Employee Well
Slide 8: Our Strong & Relentless ESG Commitment Through the Years
OUR STRONG & RELENTLESS ESG COMMITMENT THROUGH THE YEARS 2022 2023 2024 • Presentation of the Group’s ESG • Disclosure of the financial impact of climate- • Establishment of a new governance strategy during the Capital Markets related risks and opportunities aligned with model dedicated to sustainab
Slide 9: Our Ongoing ESG Progresses
OUR ONGOING ESG PROGRESSES 1. PRODUCT 2. PLANET 3. PEOPLE 4. GOVERNANCE I. Chemical management: ZDHC I. 100% electricity from renewable I. Parental leave benefits extended to I. Board oversight of ESG strategy Foundational Compliance Level sources (Scope 2) at Group level by all markets, above local
Slide 10: Ratings Achieved by Relevant ESG Agencies
RATINGS ACHIEVED BY RELEVANT ESG AGENCIES Climate Water Forest 58/100 A A- B 10
Slide 11: 2. Product
2. PRODUCT 11
Slide 12: Ensuring Responsible Supply Chain & Procurement
ENSURING RESPONSIBLE SUPPLY CHAIN & PROCUREMENT 2025 Group spending on suppliers by geographical area Responsible management – 2025 updates: 6% ▪ Updated Code of Conduct for Suppliers 5% ▪ All suppliers required to accept our Code of Ethics/Code of Conduct for Suppliers, Italy Human Rights Policy, E
Slide 13: Sustainable Raw Materials from Traceable Origin and Lower-Impact Sources
SUSTAINABLE RAW MATERIALS FROM TRACEABLE ORIGIN AND LOWER-IMPACT SOURCES Traceable & lower-impact top priority raw materials trend* 67% certified (RWS, Authentico) 47% certified SFA 28% certified (24% GOTS) 59% certified (RCS, FSC) 12% certified (GRS) 78% certified (52% certified Masters of * Starti
Slide 14: Traceability in Our Collections
TRACEABILITY IN OUR COLLECTIONS Following our Group commitment to traceability, the ZEGNA brand launched three collections based on this principle: 14
Slide 15: Supply Chain Mapping
SUPPLY CHAIN MAPPING The Group is making significant strides toward transparency and accountability in its supply chain through a strategic partnership with TextileGenesis, a leader in digital traceability solutions. TextileGenesis enables the Ermenegildo Zegna Group to validate the provenance & aut
Slide 16: 3. Planet
3. PLANET 16
Slide 17: Our Energy Consumption & Intensity Ratio
OUR ENERGY CONSUMPTION & INTENSITY RATIO Energy Consumption Total revenues and intensity ratio* GJ GJ/k € revenues Data as of 31.12.2025 17
Slide 18: Our Science-Based Targets
OUR SCIENCE-BASED TARGETS The Group reviewed its emission reduction targets (previously adopted in 2023) to reflect the change in business perimeter due to the acquisition of Tom Ford International LLC, and the impact on Scope 3 categories of the allocation between FLAG* targets vs. non-FLAG targets
Slide 19: Our Greenhouse Gas Emissions and Carbon Footprint
OUR GREENHOUSE GAS EMISSIONS AND CARBON FOOTPRINT SCOPE 1 & 2 EMISSIONS (tCO2e) SCOPE 3 EMISSIONS (tCO2e) % FLAG emissions on Cat. 1 75% 74% 74% 72% SCOPE 1 & 2 EMISSIONS INTENSITY RATIO (tCO2e/k € revenues) SCOPE 3 EMISSIONS INTENSITY RATIO (tCO2e/k € revenues) Total Scope 1&2 (Location-based) 28,3
Slide 20: Our Strong Commitment on Water, Chemicals, Packaging & Waste
OUR STRONG COMMITMENT ON WATER, CHEMICALS, PACKAGING & WASTE WATER CHEMICALS WASTE & PACKAGING • First Group Water • Achieved ZDHC Foundational • Retail packaging made of Footprint Assessment compliance level across all 51% post-consumer waste (2022, updated 2024) production sites (2023) paper and 4
Slide 21: Oasi Zegna – The Home of Zegna Values
OASI ZEGNA – THE HOME OF ZEGNA VALUES OASI ZEGNA is the 100 km2 surrounding the wool mill established in 1910. In the 1930s Ermenegildo Zegna, the founder, embarked on a vast environmental restoration project in this area in the mountains of Piedmont, Northern Italy, planting up to 500 thousand tree
Slide 22: 4. People
4. PEOPLE 22
Slide 23: Centricity of Our People in Driving Sustainable Growth
CENTRICITY OF OUR PEOPLE IN DRIVING SUSTAINABLE GROWTH Employees worldwide1 Group’s diversity breakdown by gender Female 39% Male 61% EMEA 65,3% AMERICAS 11,5% APAC Group’s diversity breakdown by category 23,3% Top executive 32.1% 67.9% Management 51.8% 48.2% Office sole contributor 65.6% 34.4% Reta
Slide 24: People Growth & Development
PEOPLE GROWTH & DEVELOPMENT Average hours of employee training trend ▪ +7% of total average hours of training in 2025 compared to 2023 ▪ Strengthened Leadership Model with training and coaching programs to identify key competencies and behaviors to empower the workforce ▪ Evolvement of the onboardin
Slide 25: Accademia dei Maestri – Crafting Tomorrow's Excellence
ACCADEMIA DEI MAESTRI – Crafting tomorrow’s excellence Casting a vision forward, empowered by a legacy of excellence, the Accademia dei Maestri pioneers' innovative skill development, tailored learning paths and interdisciplinary development to cultivate Mastery across all facets and phases of value
Slide 26: 2025 Employees Engagement Initiatives
2025 EMPLOYEES ENGAGEMENT INITIATIVES • A pilot training on gender equality was launched under the “Growing Together” initiative to raise awareness and equip senior managers with tools to address gender dynamics in the workplace. • The “Feedback Lab” training was launched to help managers develop th
Slide 27: 5. Governance
5. GOVERNANCE 27
Slide 28: A Sound and Well-Structured Governance Framework
A SOUND AND WELL-STRUCTURED GOVERNANCE FRAMEWORK BOARD OF DIRECTORS BOARD OF DIRECTORS’ COMPOSITION1 & ESG OVERSIGHT 9% 30% 36% GOVERNANCE & AUDIT COMPENSATION 36% 55% 70% 64% SUSTAINABILITY COMMITTEE COMMITTEE COMMITTEE Woman Man Non-Independent Europe North America Asia Independent We continued to
Slide 29: Main Improvements in Our Governance Framework
MAIN IMPROVEMENTS IN OUR GOVERNANCE FRAMEWORK FOUNDATIONS POLICIES Environmental Management Systems Management Systems Italian Gender Equality Certification Occupational Health and Safety (67% of our production sites certified) (Achieved for selected ZEGNA Brand (67% of our production sites certifie
Slide 30: Task Force on Climate-Related Financial Disclosure (TCFD)
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURE (TCFD) Assessment of the financial impact on specific climate-related risks and opportunities, aligned with 1 the recommendations of the TCFD Identification of two potential climate-related risks and opportunities: Risks: (i) lack of raw materials a
Slide 31: Contacts
Contacts sustainability@zegna.com IR@zegna.com corporate.communication@zegna.com 31