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All growth rates are at actual currency\n(2) Growth rates in this presentation are year on year unless specified differently\n(3) cFX growth: means growth at constant currency. For the description of constant currency calculation, see page 33\n(4) FX: means foreign exchange or currency\n(5) M: may be used to refer to million\n(6) d d: means double digit\n(7) E com: means e commerce\n(8) DOS: Directly Operated Store\n(9) DTC: Direct to Consumer or Retail. DTC includes DOSs and direct e-com\n(10) 1Q23 or 1Q22: means three months period from 1 January 2023 to March 31, 2023 and three months period from January 1, 2022 to March 31, 2022\n(11) 2Q23 or 2Q22: means three months period from April 1, 2023 to June 30, 2023 and from April 1, 2022 to June 30, 2022\n(12) 3Q23 or 2Q22: means three months period from July 1, 2023 to September 30, 2023 and from July 1, 2022 to September 30, 2022\n(13) 4Q23 or 4Q22: means three months period from October 1, 2023 to December 31, 2023 and from October 1, 2022 to December 31, 2022\n(14) FY23 or FY 22: means twelve months period from January 1, 2023 to December 31, 2023 and twelve months period from January 1, 2022 to December 31, 2022\n(15) GCR: refers to Greater China Region. 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"y": 0.055 }, "kind": "image", "text": "Ermenegildo Zegna Group", "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 11:09:24.273+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f42f753e-97c3-46c5-abf8-1a09d4586791", "parentComponentId": null }, { "bbox": { "h": 0.15, "w": 0.31, "x": 0.03, "y": 0.22 }, "kind": "paragraph", "text": "Investor Relations / Group Communications / Media\nFrancesca Di Pasquantonio / Clementina Tito\nir@zegna.com / corporatepress@zegna.com", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 11:09:24.273+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "67e17370-42b3-43eb-98a7-bb8763642427", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.37, "x": 0.03, "y": 0.07 }, "kind": "title", "text": "INVESTOR RELATIONS CONTACTS", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": 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