| Schedule of Transactions with Related Parties |
The following table summarizes transactions with related parties for the six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the six months ended June 30, 2026 | | For the six months ended June 30, 2025 | | (€ thousands) | Revenues | | Cost of sales | | Selling, general and administra-tive expenses | | Marketing expenses | | Financial income/(expenses) | | Foreign exchange (losses)/gains | | Revenues | | Cost of sales | | Selling, general and administra-tive expenses | | Marketing expenses | | Financial income/(expenses) | | Foreign exchange (losses)/gains | | Associates | | | | | | | | | | | | | | | | | | | | | | | | | Filati Biagioli Modesto S.p.A. | — | | 3,118 | | 7 | | — | | — | | — | | — | | 3,049 | | 6 | | — | | — | | — | | Other associates | — | | 1 | | — | | — | | — | | — | | 10 | | — | | 1 | | — | | — | | — | | Total associates | — | | 3,119 | | 7 | | — | | — | | — | | 10 | | 3,049 | | 7 | | — | | — | | — | | Companies controlled by Monterubello or its shareholders, the Company’s directors or Senior Management Team | | EZ Real Estate | 1 | | 1,326 | | 2,321 | | 1,102 | | (283) | | — | | 9 | | 1,287 | | 1,874 | | 1,027 | | (355) | | — | | Schneider Group | — | | — | | — | | — | | — | | — | | — | | 4,247 | | 10 | | — | | 5 | | — | | Alan Real Estate S.A. | — | | 911 | | 1,803 | | — | | (658) | | 1 | | — | | 878 | | 1,796 | | — | | (835) | | — | | Agnona S.r.l. | 227 | | 12 | | 127 | | 31 | | — | | — | | 16 | | 22 | | 134 | | 36 | | — | | — | Other companies controlled by Monterubello or its shareholders, the Company’s directors or Senior Management Team (1) | 49 | | 2,436 | | 212 | | 2 | | 1 | | 1 | | 5 | | 2,306 | | 434 | | — | | 1 | | — | | Other related parties connected to directors and shareholders | | UBS Group AG | — | | — | | 699 | | — | | 84 | | (2,124) | | — | | — | | 515 | | — | | 122 | | 2,296 | | Other | — | | — | | 456 | | — | | — | | — | | — | | — | | 1,390 | | — | | — | | — | | Total transactions with related parties | 277 | | 7,804 | | 5,625 | | 1,135 | | (856) | | (2,122) | | 40 | | 11,789 | | 6,160 | | 1,063 | | (1,062) | | 2,296 | | Total for the Group | 987,290 | | 319,475 | | 531,071 | | 68,205 | | (19,616) | | (3,082) | | 927,690 | | 301,658 | | 501,804 | | 62,882 | | (4,201) | | 10,214 |
________________________________________ (1)Includes transactions with Fondazione Zegna, Finissaggio e Tintoria Ferraris S.p.A. and Pettinatura di Verrone S.r.l.
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| Schedule of Balances with Related Parties |
The following table summarizes assets and liabilities with related parties at June 30, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | At June 30, 2026 | | At December 31, 2025 | | (€ thousands) | Non-current assets | | Current assets | | Non-current liabilities | | Current liabilities | | Non-current assets | | Current assets | | Non-current liabilities | | Current liabilities | | Associates | | | | | | | | | | | | | | | | | Filati Biagioli Modesto S.p.A. | — | | 34 | | — | | 2,217 | | — | | 91 | | — | | 617 | | Total associates | — | | 34 | | — | | 2,217 | | — | | 91 | | — | | 617 | | Monterubello and Companies controlled by Monterubello or its shareholders, the Company’s directors or Senior Management Team | | EZ Real Estate | 31,503 | | 3 | | 25,420 | | 7,035 | | 34,723 | | 619 | | 28,577 | | 7,036 | | Alan Real Estate S.A. | 33,641 | | — | | 28,492 | | 5,628 | | 35,830 | | — | | 32,106 | | 5,410 | | Schneider Group | — | | — | | — | | — | | — | | 3 | | — | | 2,508 | | Agnona S.r.l. | — | | 57 | | — | | 4 | | — | | 96 | | — | | 132 | Other companies controlled by Monterubello or its shareholders, the Company’s directors or Senior Management Team (1) | 307 | | 104 | | — | | 1,578 | | 329 | | 114 | | — | | 1,441 | | Other related parties connected to directors and shareholders | | UBS Group AG | 9,499 | | 15,373 | | 9,251 | | 888 | | 1,616 | | 10,185 | | 667 | | 2,489 | | Other | — | | — | | — | | 79 | | — | | — | | — | | 754 | | Total transactions with related parties | 74,950 | | 15,571 | | 63,163 | | 17,429 | | 72,498 | | 11,108 | | 61,350 | | 20,387 | | Total for the Group | 1,890,133 | | 1,198,742 | | 1,161,540 | | 816,428 | | 1,644,495 | | 1,190,213 | | 985,235 | | 750,392 |
________________________________________ (1)Includes transactions with Fondazione Zegna, Finissaggio e Tintoria Ferraris S.p.A., and Pettinatura di Verrone S.r.l.
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