Safilo S p A : Auditors’ Report on 2025 Sustainability Statement

About this update from Safilo Group S.p.a.

Independent auditor's limited assurance report on the consolidated sustainability statement in accordance with article *4 -bis of Legislative Decree z9/ zozo To the Shareholders of Safilo Group SpA Conclusion In accordance with articles 8 and i8, paragraph i, of Legislative Decree i2 s/ u 2 4 (the "Decree"), we have undertaken alimited assurance engagement on the consolidated sustainability statement of the Safilo group (the "Group") for the year ended 3 i December 2o2 s prepared in accordance with article 4 of the Decree, presented in the specific section of the consolidated report on operations. Based on the procedures performed, nothing has come to our attention that causes us to believe that: the consolidated sustainability statement of the Safilo group for the year ended 3 i December z •s is not prepared, in all material respects, in accordance with the reporting criteria adopted by the European Commission pursuant to Directive (EU) 201 3/34/ UE ("European Sustainability Reporting Standards", also the "ESRS"); the information set out in paragraph "Disclosures pursuant to article 8 of Regulation 2020/852 (Taxonomy Regulation)" of the consolidated sustainability statement is not prepared, in all material respects, in accordance with article 8 of Regulation (UE) 8 5 2/2020 (the "Taxonomy Regulation"). PriceivaterliouseCoopers SpA Sede legale: Milano 20145 Piazza Tre Torri 2 Tel. 02 77851 Fax 02 7785240, Capifale Sociale Euro 6.890.000,00 i.v. C.F. e P.IVA e Reg. Imprese Milano Monza Brianza Lodi 12979880155 IscriIIa al n° 118644 del Ragistro dei Revisori Legali - Altri Uffici: Ancona 60131 Via Sandro Tolti 1 Tel. 071 2t32311 - Bari 70122 Via Abate Gimma 72 Tel. 080 56402t 1 - Bergamo 24121 Largo Belolti S Tel. 035 229691 - Bologna 40124 Via Luigi Carlo Farini 12 Tel. 051 6186211 - Brescla 25121 Viale Duca d*Aosta 28 Tel. 030 3697501 - Catanla 05129 Corso ltalia 302 Tel. 095 7532311 - Flrenze 50121 Viale Gramsci 15 Tel. 055 2482811 - Genova 16121 Piazza Piccapietra 9 Tel. 010 29041 - Napoll 80121 Via dei Mille 16 Tel. 081 36181 - Padova 35138 Via Vicenza 4 Tel. 049 873481 - Palermo 90141 Via Marchese Ugo 60 Tel. 091 345737 - Parma 43121 Via Pisacane 1B Tel. 0521 275911 - Pescara 65127 Piazza Ettore Troilo 8 Tel. 085 4545711 - Roma 00154 Largo Fochetti 29 Tel. 06 570251 - Torlno 10122 Via Santa Maria 11 Tel. 011 556771 - Trento 38122 Viale della Costituzione 33 Tel. 0461 237004 - Trevlso 31100 Viale Felissent 90 Tel. 0422 696911 - Udlne 33100 Via Poscolle 43 Tel. 0432 25780 - Varese 21100 Via Albuzzi 43 Tel. 0332 285039 - Verona 37135 Via Francia 21/C Tel. 045 8263001. https://www.pwc.com/it Basis for conclusion We conducted our limited assurance engagement in accordance with the Standard on Sustainability Assurance Engagements - SSAE (Italia). The procedures per(ormed in alimited assurance engagement vary in nature and timing from, and are less in extent than for, a reasonable assurance engagement. Consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed. Our responsibilities under this standard are further described in the "Auditor's responsibilities for the limited assurance conclusion on the consolidated sustainability statement" section of this report. We are independent in accordance with the principles of ethics and independence applicable to assurance engagements on consolidated sustainability statements under Italian law. Our firm applies International Standard on Quality Management i (ISQM Italia i), which requires the firm to design, implement and operate a system of quality management including policies or procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatoiy requirements. We believe that the evidence we have obtained is sufficient and appropriate to provide abasis for our conclusion. Responsibilities of the directors and the board of statutory auditors of Safilo Group SpA for the consolidated sustainability statement The directors of Safilo Group SpA are responsible for developing and implementing the procedures adopted to identify the information included in the consolidated sustainability statement in accordance with the provisions of the ESRS (the "materiality assessment process") and for describing those procedures in the section "Description of process to identify and assess material impacts, risks and opportunities" of the consolidated sustainability statement. The directors are also responsible for preparing the consolidated sustainability statement, which contains the information identified through the materiality assessment process, in accordance with the provisions of article 4 of the Decree, including: its compliance with the ESRS; its compliance with article 8 of the Taxonomy Regulation of the information set out in paragraph "Information pursuant to Article 8 of Regulation (EU) 2 020/8 s> (Taxonomy Regulation)". That responsibility involves designing, implementing and maintaining, in the terms prescribed by law, such internal control as they determine is necessary to enable the preparation of a consolidated sustainability statement in accordance with article 4 of the Decree that is free from material misstatement, whether due to fraud or error. That responsibility also involves selecting and applying appropriate methods for processing the information, as well as developing hypotheses and estimates about specific items of sustainability information that are reasonable in the circumstances. The board of statutory auditors is responsible for overseeing, in the terms prescribed by law, compliance with the Decree. Inherent limitations in the preparation of the consolidated sustainability statement As indicated in the section "General basis for preparation of the sustainability statement", for the purposes of reporting forward-loolcing information in accordance with the ESRS, management is required to prepare such information on the basis of assumptions described in the consolidated sustainability statement, concerning events that may occur in the future and potential future actions by the Group. Due to the inherent uncertainty associated with the occuHence of any future event, both in terms of whether it will occur and the magnitude and timing of its manifestation, actual outcomes may differ significally from the forward-loolcing information. As indicated in the section "General basis for preparation of the sustainability statement", the information provided by the entity regarding Scope 3 emissions is subject to greater inherent limitations than Scope i and Scope 2 emissions, due to the limited availability and the relative precision of the information used to determine both quantitative and qualitative Scope 3 emission disclosures related to the value chain. Auditor's responsibilities for the limited assurance conclusion on the consolidated sustainability statement Our objectives are to plan and perform procedures to obtain limited assurance about whether the consolidated sustainability statement is free from material misstatement, whether due to fraud or error, and to issue a limited assurance report that contains our conclusion. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the decisions of users taken on the basis of the consolidated sustainability statement. As part of our engagement designed to achieve limited assurance in accordance with the Standard on Sustainability Assurance Engagements - SSAE (Italia), we exercised professional judgement and maintained professional scepticism throughout the engagement. Our responsibilities include: Performing rislt assessment procedures to identify the disclosirres where a material misstatement, whether due to fraud or error, is liltely to arise. Designing and performing procedures to verify the disclosures where a material misstatement is liltely to arise. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Directing, supervising and performing a limited assurance engagement on the consolidated sustainability statement and assuming full responsibility for the conclusion on the consolidated sustainability statement. Summary of the work performed An engagement designed to obtain limited assurance involves performing procedures to obtain evidence as abasis for our conclusion. The procedures performed were based on ortr professional judgement and included inquiries, primarily of personnel of Safilo Group SpA responsible for the preparation of the information presented in the consolidated sustainability statement, analyses of documents, recalculations and other procedures designed to obtain evidence considered useful. We performed the following main procedures: We understood the Group's business model and strategies, and the environment in which it operates with reference to sustainability issues. We understood the processes underlying the generation, collection and management of the qualitative and quantitative information included in the consolidated sustainability statement. We understood the process implemented by the Group to identify and assess the material impacts, risks and opportunities, in accordance with the double materiality principle, related to sustainability issues and, based on the information thus obtained, we considered whether any contradictory items emerged that could point to the existence of sustainability issues not considered by the Company in the materiality assessment process. We identified the disclosures where a material misstatement is likely to arise. We defined and performed procedures, based on our professional judgement, to address the risks of material misstatement identified. We understood the process implemented by the Group to identify the eligible economic activities and to determine whether they are aligned in accordance with the provisions of the Taxonomy Regulation, and we verified the related disclosures in the consolidated sustainability statement. We reconciled the information reported in the consolidated sustainability statement with the information reported in the consolidated financial statements in accordance with the applicable financial reporting framework, or with the accounting information used for the preparation of the consolidated financial statements, or with management accounting information. We verified the sti'iicture and presentation of disclosures included in the consolidated sustainability statement in accordance with the ESRS. We obtained management's representationletter. Padova, i6 March 2O26 PricewaterhoiiseCoopers SpA Signed by Filippo Zagagnin (Partner) This report has been translated into the English language solely for the convenience of international readers. Accordingly, only the original text in Italian language is authoritative.

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