Letter to stakeholders The results of our efforts
1. MONCLER GROUP
Values and purpose Group strategy
Moncler Group: a history of innovation deeply rooted in tradition
Market presence Financial performanceResults
Create value for stakeholders
2. RESPONSIBLE BUSINESS MANAGEMENT
Governance modelCorporate governance Sustainable governance Code of ethics
Enterprise Risk Management Model Environmental, Social and Compliance RisksCreate sustainable valueMateriality matrix
Dialogue with stakeholders Sustainable development plan
3. NURTURE UNIQUENESS
Employees in numbers
Geographical areas and professional categories Age, seniority and level of education Nationality of local managers Employment contracts
Management and developmentRecruitment
Training Remuneration Benefits Development Employee engagementDiversity, Equity and Equal Opportunity
Occupational health and safetyManagement system
From prevention to control Training and information Health and well-beingindustrial relations
4. BE FAIR
Supply Chain ProfileSupply Chain ExcellenceResponsible SourcingAnimal welfare and traceabilityDialogue to grow together
Customer Experience 2.0
Wholesale Excellence Understand and meet customer expectations
Fight against counterfeiting Transparent and responsible communication
5. THINK CIRCULAR AND BOLD
Product and innovationPackaging
Quality and safetyProduct quality and safety Down quality
7. GIVE BACK
Support communitiesSupport for scientific research Initiatives for the social and economic development of communities
Support for populations in emergency situations
6. ACT ON CLIMATE CHANGE
Environmental policy and management system
Resource management and consumptionThe Group’s commitment to the fight against climate change Logistics system
Report Guide Additional Information Statement of Assurance GRI Content Index Glossary Contacts
LETTER TO STAKEHOLDERS
2021 has been another year characterized by change and uncertainty.
However, it was also a year in which, despite a complex macro-environment, Moncler generated solidfinancial results well above pre-pandemic levels.
Numbers are important, but their real value lies in how they were achieved. Success onlymakes sense and has a long-term future when it creates value for everyone.
The past year marked me for two important reasons: the arrival of Stone Island in the Moncler family and thegrowth of our internal culture of sustainability.
The results obtained in 2021 bear witness to a collective effort, common to all levels of Stone Island and Moncler. Each of us in the company approaches social and environmental challenges with humility andambition.
If I look at everyone’s efforts, I think over the years we’ve done a lot to fully integrate sustainabilityin our business model.
In 2021, for the third consecutive year, Moncler led our industry in theDow Jones Sustainability Index World and Europe. As a Group, we have achieved carbon neutrality at our sites around the world and are working to reduce emissions in our supply chain. We have virtually eliminated single-use virgin plastic and started recycling nylon offcuts from production with a circular economy in mind. In addition, we have protected over 80,000 vulnerable peoplecold for the past five years.
But, as I look ahead to the pressing social and environmental challenges facing the world today, I realize that weneed to change pace.
We have accomplished a lot, but it is not enough.
The younger generations are disillusioned and constantly remind everyone that there is no longer time to hesitate,there is only room for action.
The future requires everyone to take responsibility.
Every day, this responsibility pushes us to take a critical look at the impact of our decisions and to commit ourselves to changing what needs to be changed. It’s not always easy and we don’t always succeed. But we don’t give up.
Every step forward, every successful effort, is a big or small action to protect everyone’s future.
Giving young people hope instead of empty promises.
PRESIDENT AND CHIEF EXECUTIVE OFFICER